37955
The following diagnostic is generating:
The taxpayer is subject to additional tax on excess contributions to a health savings account. The excess contributions are currently reported on Form 5329, page 2. The excess contribution tax can be eliminated if the taxpayer withdraws the excess contributions by the due date of the return (including extensions), withdraws income earned on the withdrawn excess contributions, and includes the earnings on the withdrawn contributions in gross income for the year in which the withdrawn contributions and earnings are received. If excess contributions are withdrawn, the additional tax can be eliminated by entering the excess amount withdrawn in ""Excess contributions withdrawn by due date of return"" in the Excess Contributions input section of the Health Savings Account input screen, or by reducing the contribution amount entered in ""HSA contributions that you made"" in the Contributions and Deductions input section of the Health Savings Account input screen.
Solution:
If both taxpayer and spouse have an HSA, the program might be automatically allocating 3,500 to each of them, resulting in an excess for one of them. Allocable Share of Limitation (8889, Line 6) [O] on screen 32.1 lets you control the limit allocated to each.
