Open TurboTax
I have an FHSA opened in 2023. Have contributed $8000 each year since then, so working with $24,000 (2023, 2024, 2025). In 2024 I used $2000 of it and carried forward the rest. So now doing 2025 taxes and I can't seem to get the system to show $22,000 that I would like to deduct for 2025. (It will only allow me $14,000) And yes I did input my $8000 2025 contribution on the previous step by step page. I have attached screenshots of the Turbotax FHSA pages. The only way I can make it work is input $8000 on the line "Variable "B" amount of your FHSA limit for 2024". So what am I missing, and/or where do I input my 2025 $8000 contribution to equal $22,000?
I know that CRA Autofill is not available yet for TY 2025. I want to make sure that you have correctly added all the information from your TY2024 NOA.
I have replicated and am getting the same results.
If the software still shows $14,000, you can manually enter $8,000 into "Variable B." This field represents the sum of previous years' participation room; entering $8,000 here manually causes the software to recognize the total available room of $22,000.
Thank you for choosing TurboTax.
Following further investigation, I'd like to confirm that you added T4FHSA first. When you reach the "Amounts from Notice of Assessment or Reassessment" section, double-check that you've entered the correct amounts for each year.
I tried it using the information you provided, and the calculations were correct. I've attached a screenshot for reference.


Taxiederm
Level 1
Gerbear111
Level 1
TurboTaxuser001
New Member
ryan-bessey-55
New Member
duncanr
Level 1
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.