qbteachmt
Level 15
03-05-2021
05:22 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
This?
"Line 3
When figuring the amount to enter on line 3, apply the following rules.
-
Use the family coverage amount if you or your spouse had an HDHP with family coverage. Disregard any plan with self-only coverage."
https://www.irs.gov/instructions/i8889
Example: $7,100 for that person's coverage as Family, but since the other person could have put $3,550 in their HSA for individual coverage, that leaves only $3,550 for the Family coverage HSA account. The Plan limit is the Family limit, but that isn't a specific account limit.
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers
