SirNoodle
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I think I found the problem - yes, I entered the contributions twice.Since the limits were the same for 2015 and 2016, I then thought I was being taxed on 2015....
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I did not report an ending HSA balance for 2015 - a complete oversight on my part.The entire 2015 balance is now being recorded as excess contributions and taxa...
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I contributed the maximum allowable for an individual (single) both years.
Activity Feed for SirNoodle
- Posted I think I found the problem - yes, I entered the contribu... on Retirement tax questions. June 4, 2019 9:57 PM
- Posted I did not report an ending HSA balance for 2015 - a compl... on Retirement tax questions. June 4, 2019 9:57 PM
- Posted I contributed the maximum allowable for an individual (si... on Retirement tax questions. June 4, 2019 9:57 PM
- Posted I mis-reported my HSA balance in 2015 - now Turbo Tax is calculating tax on my "excess 2016 contributions" which are really prior year (2015) contributions. How do I correct? on Retirement tax questions. June 4, 2019 9:57 PM