I recently used Tax Caster to estimate my 2022 Tax liability. Tax Caster never asked about contributions I made to an HSA account ($8,300 limit for over 50), contributions that I believe are deductible. Why is that ?
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@JLF-31 - try this tool; I find it much more accurate
@JLF-31 wrote:
Why is that ?
It has limited functionality (very basic).
You can buy the full TurboTax program now (online or CD/Download) to get a more accurate assessment.
@JLF-31 - try this tool; I find it much more accurate
I thought that might be the case but I'm grateful you took the time to respond !
Happy New Year !
NCperson:
Thank you for taking time to provide another tool. I have clicked the link and am investigating now. Sure appreciate the response !
God Bless, and Happy New Year !
@JLF-31 - also note, the HSA additional $1000 is if you are over 55 - not 50. ...and if you are both oiver 55, the spouse can set up a Single HSA and place $1000 in there. The Family HSA cobtribution can not be $9300 if both are over 55.
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