2054929
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

can i contribute to HSA in 2021 for 2020?

In past tax years i have been able to contribute  maximum $$ ($8000 in 2020 for the 2019 tax year)

can i do this in 2021 for the tax year 2020?

turbotax asks if i contributed funds into HSA in 2020  -- yes i did, but for 2019 tax year


will turbotax ask me if i want to reduce my taxable income by contributing the maximum (family $7100 + $1000

for my wife and I (both 55+) for $8100 for the tax year 2020?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
PattiF
Expert Alumni

can i contribute to HSA in 2021 for 2020?

When TurboTax asks if you "put money into an HSA in 2020?", they are referring to contributions that are for the tax year 2020.

Even if they are made in 2021, they will go onto the 2020 tax return and reduce your taxable income.

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
arome10
Returning Member

can i contribute to HSA in 2021 for 2020?

Hi!

 

What if I file my 2020 federal taxes now but my employer and I  continue to make contributions for 2020 until April 15 or even new deadline of May 17,2021 ( IR-2021-59)? Will I have to  file an amended return for Federal and MO state taxes???

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question