HSA Tax Deduction Question

[hgjjgkj]

The HSA max limit is 3,400. My elections came up a little short this year and I did about $3,000. By elections I mean the pre tax payroll contribution your employer does for you each pay period. On HSA bank.com I have the option to contribute to my HSA directly from my banking account (checking account etc). If I did that to bring my total up to 3,400, would I still get the tax deduction on the $400? HSA Bank online chat would not tell and my accountant is slow at emails.

[tralfamadorian]

Yep, that's the way that I do all my HSA contributions since it's not through an employer.

[seattlecyclone]

Yes, you would get to deduct it on your income taxes. Payroll deductions generally get you out of the payroll taxes too, so try to max those out next year.

[terran]

Unlike with payroll deducted contributions, you (or your accountant) will need to note the after tax contribution on your taxes to get the deduction, but you can deduct it.

[facepalm]

You can absolutely deduct it. I just tossed $3200 in mine and double-checked the deduction in TurboTax.