Making a 2016 HSA contribution before April cut-off

myoungblut · ‎June 4, 2019

I did not put anything in my HSA last year other than what my employer gave, so it is not maxed out. I want to make a contribution to my 2016 HSA before April 15 to zero my tax liability. Do I need to wait for a form back from Fidelity where I have my HSA, or what screen can I put in that amount once I've sent the check?

HelenaC · ‎June 4, 2019

No, you do not have to wait to receive a form from Fidelity.

If you contribute to your Health Savings Account (HSA), outside of Payroll, with after-tax monies, TurboTax will ask about that when you step through the Medical section.

To enter your HSA contribution:
Type HSA in the search box and click search.
Click on Jump to HSA.
Continue with the onscreen interview.
On the Did you put money into an HSA in 2016? screen, answer Yes.
On the Let's enter your HSA contributions screen, enter the HSA contribution in the Any contributions you personally made (not through your employer) box.