- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Turbo Tax Online FHSA deduction issues
I am using Turbo Tax online and doing taxes for 2025.
When I input my information from the FHSA slip and submit. There is no deduction or credit added to my refund.
Through further digging I noticed that no matter the software just tries to carry over the FHSA amount to next year.
There doesnt seem to be anywhere in the online version where you can specify that you want the deduction on this years taxes. Might have to try a different tax filing software.
Tried calling customer service but they were no help.
Topics:
Wednesday
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Troubleshooting
Here is how you can enter your deduction.
- Please ensure that your T4FHSA slip is entered correctly in the income section.
- Under the Notice of Assessment section, enter the information from your 2024 Notice of Assessment as requested.
- While you are doing the tax return, Click continue until you see the picture below.
- Under "How much do you want to deduct for 2025 " you can choose the amount you would like to deduct for the current year. If you prefer, you may select a smaller amount so that the remaining deduction can be carried forward and claimed in a future tax year.
Thank you for choosing TurboTax.
yesterday