When TurboTax is asking for the total value of all my HSA accounts is that what i contributed or spent?

[BMcCalpin]

The total value of all HSA accounts is the sum of what you have in the account(s) on a given day (12/31/2018, I assume).

Note that if you are being asked this question, you probably have an excess contribution that you are not withdrawing. The IRS charges you the lesser of 6% on excess contributions that you carry over or the total value of your HSA.

The total value of each HSA (you probably have only one) can be found on form 5498-SA. If you have not received this form yet, go to your HSA administrator's website and see if you can download it from there, or alternatively, speak to a customer service agent at that website.

[JustAGirlr]

Okey but i have 3 different numbers on the form 5498SA and none of them says value just a different contributions how do i know which one ? 

[MayaD]

It is asking for the total value of all of your HSA accounts as of 12/31/2024.  You should have received a form 5498-SA. The Fair Market Value (FMV) is reported in box 5 on this form.

The question about your HSA will often be asked if you had excess contributions to your HSA. 

Make sure you didn't accidentally re-enter the amount already listed (from box 12 of your W-2) as this will incorrectly double your total contribution amount.

If you overfunded or weren't eligible to contribute to your HSA in 2024, you'll need to withdraw the excess amount by April 15, 2025 to avoid a penalty (October 15 if you filed an extension).

Why am I showing an excess HSA contribution?

@shidanhug