My client and his wife misunderstood the HSA contribution limits and both of them contributed max to each of the HSA accounts. She had a high deductible family plan health coverage for herself and two sons. She contributed $7750. The husband had a high deductible self only plan. He contributed $3839.
My clients agree that they overfunded the two accounts but shouldn' the overfunding amount be $3839? Turbotax calculates $7750 and calculates a penalty on i