turbotax icon
Showing results for 
Search instead for 
Did you mean: 
Oct 16 is the IRS deadline–file confidently with expert help. File Now
Close icon
Do you have a TurboTax Online account?

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

How do i know if i overfunded my HSA

I looked at my tax return but i dont see the form. Not sure if i did it correct last year
This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Talk to a live expert to get the help you need.
1 Reply

How do i know if i overfunded my HSA

An excess contribution is a contribution made to an HSA that exceeds the annual contribution limit.

TurboTax calculates the amount of the excess contribution to the HSA (if any) based on your answers in the HSA interview.

An excess contribution does not depend on how much is left in the HSA at the end of the year.

The maximum limits in 2016 are:

  • $3,350 - individual with self-coverage
  • $6,750 - individual with family coverage
  • If the HSA owner is 55 or older, then you add $1,000 to these amounts.

However, these limits assume that you were in an HSA all year. If you left the HSA during the year or started Medicare or had one of a number of change events, then the limit is reduced.

If you have an excess contribution, you have until April 18, 2017 to withdraw without penalty.

Please review the answers in your HSA interview. If it appears that you did over contribute, then call your HSA plan administrator before April 18, 2017 to withdraw the excess contribution.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies