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Level 2
posted Jan 26, 2020 3:31:12 PM

HSA/MCare Spouse&I work4same co,mePT.I on his HDHPas depend.Both>60.June2019he startedMCare&both keptHDHPall yr.He put 3334in hisHSA.How $$ can I put in my newHSA?

0 4 735
4 Replies
Level 15
Jan 26, 2020 5:09:38 PM

Please come back and post a complete question using full words ... what you posted is impossible to understand. 

Level 2
Jan 27, 2020 3:14:51 PM

I understand - they only allow 300 letters, I will try again.

Level 2
Jan 27, 2020 3:20:13 PM

HSA Contribution/Medicare

My husband & I both work for the same company, he full-time and me part-time.  I am on his HDHP insurance as a dependent.  We are both over 60 and he contributes the maximum amount to his HSA.  In June of 2019, he went on Medicare while both of us stayed on the HDHP for the entire year.  He contributed $3334 to his HSA ($7000+$1000/12x5) for 2019.  I opened a HSA for 2019 but what is the maximum amount I can contribute?

I come up with $2625 ($3500+$1000/12x7) but the Turbo Tax calculator shows much more.  Thank You

Expert Alumni
Feb 3, 2020 1:11:54 PM

Did you indicate that you have 'Self-Only' HDHP health insurance for June through December?   If you indicated a 'Family' HDHP, then your HSA contribution limit will be much higher. 

 

If you View/Print/Download your return, take a look at the HSA Worksheet.

 

Click the link for more detailed info on HSA's