turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

My previous employer had an HSA. My new employer has an Archer MSA (employer contributed only). Can I continue contributing to my HSA and receive a tax deduction?

 
1 Reply

My previous employer had an HSA. My new employer has an Archer MSA (employer contributed only). Can I continue contributing to my HSA and receive a tax deduction?

The answer is "yes, sort of".

Contributions to MSAs and HSAs interact (this is to keep you from evading the contribution limits on one or the other).

See what the IRS says,

"You must reduce the amount that can be contributed (including any additional contribution) to your HSA by the amount of any contribution made to your Archer MSA (including employer contributions) for the year. A special rule applies to married people, discussed next, if each spouse has family coverage under an HDHP." (page 6 at https://www.irs.gov/pub/irs-pdf/p969.pdf).

If you are married, read the text in Pub 969 (the link above).

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing

Related Content

Manage cookies