turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

 
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.

1 Best answer

Accepted Solutions
dmertz
Level 15

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

I've confirmed that the current version of 2016 TurboTax is still using $6,650 for the family limit instead of $6,750.  I'll notify the moderators so that they can pass it along to the developers.

View solution in original post

8 Replies

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

Are you using the 2016 software?
dmertz
Level 15

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

I've confirmed that the current version of 2016 TurboTax is still using $6,650 for the family limit instead of $6,750.  I'll notify the moderators so that they can pass it along to the developers.

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

The government hasn't released all of the forms and calculations for this coming tax season. Until they finalize everything, the product will show the 2015 forms and calculations. We release the product this early to allow customers the opportunity to get a head start on their personal information portions of the product.
dmertz
Level 15

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

For those who are using the CD/download version of TurboTax (which is probably everyone who has noticed the discrepancy in the HSA limit for family coverage at this point), you can use forms mode to override the erroneous limit until the value is corrected by TurboTax developers.
the4boys
New Member

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

Fair enough.  As long as I didn't really overdeposit by $100.  That kind of TT alert is scary.
dmertz
Level 15

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

Update your copy of the CD/download version of TurboTax, this bug was fixed in December.
Aichon
New Member

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

Any idea when it be fixed in the online version of TurboTax? It's still showing an erroneous $100 excess contribution from my employer.
dmertz
Level 15

The family HSA contribution limit for 2016 is the 2015 amount. It should be 2015 +$100

This was fixed in the online version in December as well.  I just now verified that it is still working correctly.

Airchon, I suggest posting a new question regarding your situation since the cause is not the result of the bug, now fixed, originally reported in this thread.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question