Family HSA

[funman999]

Me and my wife are over 55 and have a high deductible family plan.  I contributed $5385 to our HSA this year.  I answered all the questions correctly but tubotax said i over paid my hsa and doesn't take in account the family plan that allows like $7750 for me and my wife.  turbotax wants to tax me on the excess of $2,020.  The program is wrong and needs to be corrected.

[dmertz]

It seems that you made your HSA contributions through your employer and have mistakenly reported these as being a personal contributions.  Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.  The IRS considers contributions made through your employer to be employer contributions, not personal contributions, because the employer excludes these from the amount in box 1 of your W-2.

[funman999]

thanks this worked.