I pay for my health insurance myself through the Marketplace (not through an employer). I had a high-deductible health plan paired with an HSA in 2017. I did not make the maximum contributions to that plan before January 1, 2018.
In 2018 I have a new health plan that does not qualify for an HSA. I wonder if I can "catch up" my 2017 contributions - and have them deductible on my 2017 taxes - before April 15, 2018, even though my 2018 plan does not qualify.
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Yes. Like contributions to an IRA, you have until the regular due date of your 2017 tax return to make HSA contributions for 2017.
The fact that you will not be eligible to make contributions for 2018 only affects your eligibility to make a full-year contribution under the last-month rule. It does not affect your eligibility to make contributions corresponding to those months of 2017 that you were an eligible individual (which would be a full-year's contribution if you were eligible all 12 months of 2017, making the last-month rule irrelevant).
Make sure that you identify to the HSA custodian that the contribution is for 2017. By default they will assume that the contribution is for 2018.
Yes. Like contributions to an IRA, you have until the regular due date of your 2017 tax return to make HSA contributions for 2017.
The fact that you will not be eligible to make contributions for 2018 only affects your eligibility to make a full-year contribution under the last-month rule. It does not affect your eligibility to make contributions corresponding to those months of 2017 that you were an eligible individual (which would be a full-year's contribution if you were eligible all 12 months of 2017, making the last-month rule irrelevant).
Make sure that you identify to the HSA custodian that the contribution is for 2017. By default they will assume that the contribution is for 2018.
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