If I my W2 has an HSA contribution of $4750 and I contributed an additional 550 for a correct total of 5300 (I am 62), why does TurboTax show I paid an excess of $50?

[ct-lz-miller]

The values appearing on my 5498-SA are box 2 $4749.96 (matches box 12 on W2) and box 3 $550.04.

[MarilynG1]

You don't need to enter the 5498-SA in TurboTax.  It's for your information only.   The 'excess contribution' message usually occurs when you enter the amount that was on your W-2 in the HSA section again. It will be carried over from your W-2 entry, so you would only enter your $550 additional contribution in this section. 

You can step through the HSA interview again to check your entries.  

@ct-lz-miller 

[dmertz]

Are you married, you or your spouse has family HDHP coverage and your spouse contributed $4,300 ($5,300 if over age 50)?  If so, you are subject to the family contribution limit and you've exceeded the family limit by $50.  The family limit without catch-up is $8,550, $50 less than twice the $4,300 self-only limit.

[ct-lz-miller]

Thank you dmertz for your quick response!

Both my wife and I are over 55 and we each have our own separate Self-only policies with HDHP.  Our Total Household Limit is 10,600.  I found where I incorrectly selected the wrong option for my wife and it no longer shows an excess payment.