Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 9:16:52 AM

Can you confirm IRS limits for individual HSA contributions in 2017?

I contributed $3,400 but your tax program is stating that I have excess contributions of $50. I believe that is the 2016 limit not 2017.

0 1 301
1 Replies
Level 7
Jun 6, 2019 9:16:53 AM

Per IRS Pub 969 Health Savings Accounts and Other Tax-Favored Health Plans,

For 2017, if you have self-only HDHP coverage, you can contribute up to $3,400. If you have family HDHP coverage, you can contribute up to $6,750.

For 2016, if you have self-only HDHP coverage, you can contribute up to $3,350. If you have family HDHP coverage, you can contribute up to $6,750.

To help determine why you show an excess HSA contribution, please review the following TurboTax FAQ for more information:

https://ttlc.intuit.com/replies/4788059