And, to extend the greed of Turbo Tax - "valued customers" like me who has used TT since the early 1990's received an email a few weeks ago that prices would increase in March.  Golly gee - I'm fortunate enough to get to pay an even higher amount to to efile because I am unable to complete my taxes (waiting for 1099s) - how utterly unfair.  So, I waste paper and mail my 2 state returns and keep close to $50 in my pocket rather than give it to TT. I am just brimming with joy now that I know the new definition of "valued customer".  Darn shame cuz TT has great features, excellent help available, but mid tax season increases are just WRONG.  ... View more

Many many thanks for all of your assistance!  Your suggestion is perfect - that's the route we'll take!   Hopefully, I won't "rain" any more questions upon you - think this was the only area giving me great headaches!   Turbo Tax is lucky to have such a great expert!    Cheers! ... View more

Wow - I'm still confused.  No - he did not have an HSA in 2018.  I did but did not contribute.  You indicate he can't do the QFD once he's on Medicare - that I understand.    The goal was to open an HSA in his name in the amount of $2626 (for the 7 months of 2019 he had HDHP before beginning Medicare)  as a prior year contribution for 2019 using partial RMD funds.   The ? of 2018 coverage did come up in the interview and I answered yes to HDHP family for all of 2018.    My confusion stems from reading the "testing period" - appears to be from the date the QFD transfer is made - here's a quote from Making Sense of the HSA Test from Healthsavings.com   "When you transfer your IRA or Roth IRA to your HSA"   -  Second Scenario For the second and third scenarios, the testing period is the 13-month period starting on the first day of the month when the transfer happened and ending on the last day of the following 12th month (if you made a transfer in June, the testing period would be until the end of the following June).   As I read that - I understand that to mean that if the QFD is done in March 2020 (for prior year contribution) - he would have to remain eligible for the next 12 months - which clearly is not possible since he went on Medicare on August 1, 2019.   Am I misunderstanding the "testing period"?  Think I may be better off forgetting the QFD for him completely and just make the prior year contribution from a savings account?  Thoughts?    Thanks again for your saintly patience!  I worked in law for 30+ years and it was a breeze compared to this! 🙂 ... View more

Bill - have a follow up question that hopefully you are able to answer for me.  Husband has an inherited IRA from deceased father.  Read that one lifetime contribution may be made to HSA from that IRA using a portion of his RMD.  However, there are several references to the Last Month Rule/Testing Period.  Am I understanding it correctly that this is not an issue since we did have family coverage on 12/1/18 and he had self coverage HDHP from Jan 1, 2019 through July 30, 2019 at which time he went on Medicare?    Again, your assistance is greatly appreciated!  ... View more

Many thanks Bill!  Your help is very much appreciated! ... View more