nk_
New Member

Getting started

I understood that I need T4FHSA to get proper deduction limit on TurboTax. But who is responsible for T4FHSA? The company I have FHSA account with, or myself? If I have to prepare T4FHSA myself, how can I do that? 

Getting started

@nk_ The T4FHSA will be issued by whatever bank or institution that you have your FHSA account with.

Getting started

what was your mistake?

Getting started

Could you clarify your question? 

 

Thank you for choosing TurboTax.

Guillaume Tran
Returning Member

Getting started

Update: the problem is solved.

Hello,

 

I have been facing the same issue as you:

My spouse and I opened and contributed 8k into our FHSA accounts (each of us has a separate account) in 2023. We have not withdrawn 8k balances.  I am getting this on the offline version of Turbo when I try to claim the 8k deductions.

 

"Line 20: Maximum FHSA deduction available for 2023: $0.00". But, my spouse, on the other hand, could get the FHSA deduction for 8k.

 

Could you please share how you resolve this?

 

Thank you in advance for your help

Danusha
New Member

Getting started

I am having the same problem with the download version of the software.

How can this be fixed.

 

Getting started

@Danusha Did you enter your T4FHSA slip?

Danusha
New Member

Getting started

I ended up going directly into the form and entering my contribution amount, then back into the Easy step process, and then the limit was correctly amended to the contribution amount vs zero.

Getting started

Thank you for the update.

 

Thank you for choosing TurboTax.