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Level 2
July 1, 2020
Question

HSA

  • July 1, 2020
  • 5 replies
  • 14 views

I have family HSA and my wife has her own HSA.  My contribution to my HSA was 2400 and my employer 800 for a total of 2400 (as in my W2-12)

My wife's contribution was 1850 + 600 from employer for a total of 1850.  Our total contribution was 4250.

when filing joint and fill up the HSA section, it comes back that we have over contributed to our HSA by 2838 and which one to treat as the over contributer.   Our joint limit should be 7000 for which we are under.  and it si taxing me 6% on the 2838.  am I doing something wrong.  I dont think so.  have done it 10 times and it si the same every time.  HELP.   thanks

 

    5 replies

    Critter-3
    Level 15
    July 1, 2020

    Did you enter the box 12 code W from the W-2 forms  AND  again in the HSA section ?   If so you doubled the contribution which is giving you this error.   If so remove the duplicated entry ... you may also want to delete the W-2 forms and enter them again. 

     

    hahariAuthor
    Level 2
    July 1, 2020

    tht is exactly what I did.  I had the numbers form my W2 AND then added what portion of it was paid by me directly in the HSA box. the numbers add up. 

    Thanks.  It looks like to solved my issue.  Ill redo that section.