TurboTax is correct to use the entire $3400.
That is the purpose of the last-month rule. It allows you to claim the full deduction as if you had been enrolled for the entire year. However, you must remain enrolled for the coming year in order for that contribution to not be penalized on your 2018 tax return.
TurboTax is correct to use the entire $3400.
That is the purpose of the last-month rule. It allows you to claim the full deduction as if you had been enrolled for the entire year. However, you must remain enrolled for the coming year in order for that contribution to not be penalized on your 2018 tax return.
If it's your preference to have TurboTax calculate the permissible maximum contribution without regard to the last-month rule, say, because you do not expect to be able to satisfy the testing period for the last-month rule, simply indicate that you were not an eligible individual for December and indicate instead that you were eligible for some other month (some other month that you were not actually eligible).