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April 12, 2025
Question

I CONTRIBUTED 1500 TO MY HSA. TURBO TAX IS SAYING THIS IS TOO MUCH AND I WILL BE TAXED AN EXTRA 6%. I AM SINGLE WITH NO DEPENDENTS

  • April 12, 2025
  • 1 reply
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HOW MUCH CONTRIBUTION IS ALLOWED WITHOUT BEING TAXED?

1 reply

April 12, 2025

@mgriffin1325 the limit is $4150 in 2024.  

 

What is showing in Box 12 / code W of your W-2?  did you contribute more money to the HSA outside of your W-2?