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It didn't work that way for me Susan. I opened a FHSA in 2023 but made no contribution and schedule 15 said there is no carry over or unused FHSA contribution available to deduct in future years.
I thought I should have been able to donate 16,000 in 2024 since I didn't use my 2023 contribution room but not only does 2023 turbo tax say I have no carry over, 2024 turbo tax blocks me from deducting any more than $8,000.
How do I reclaim my original $8,000 of contribution room from 2023 please?
Doug.
‎April 20, 2025
3:16 PM