2022 HSA Contribution
I have clients that are married. Both were over 55 in 2022 and both were covered by the husbands high deductible health plan through his employer. My understanding is that their aggregate 2022 HSA contribution limit is $9,300. $7,300 for the family plan and $1,000 for each of them as a catch up contribution.
The husband made $8300 of HSA contributions through his payroll deduction. The wife opened an HSA with fidelity and contributed her $1,000 (which I know has to be deducted on schedule 1 of the tax return).
The CPA is saying that the only way they could have met the $9300 2022 HSA limit is if they had funded each of their respective HSAs with $4,650. He says $8300 into the husbands HSA and $1000 into the wife’s doesn’t qualify. This doesn’t sound accurate to me.
Can you speak to this? If there are any links or IRS language that addresses this, please let me know.
Permalink Submitted by David Mertz on Thu, 2023-04-13 21:59
The CPA is wrong. What they did is fine. The family limit is permitted to be split between the spouses in any way they see fit. See “Rules for married people” on page 7 of IRS Pub 969 which comes from 26 USC 223(b)5)(B)(ii). The family limit must be split equally only if they can’t agree on some other split.