Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
blogozar
New Member

HSA disbursements; I put $61 but should have put $130.42 - all used at the dentist. My taxes were filed and accepted. Should I fix it on Turbo Tax with Amend form?

 
1 Best answer

Accepted Solutions
DDollar
Level 4

HSA disbursements; I put $61 but should have put $130.42 - all used at the dentist. My taxes were filed and accepted. Should I fix it on Turbo Tax with Amend form?

Making this minor change to your HSA disbursements will have little or no effect on your tax liability.  I would do nothing, but realize there is a possibility that the IRS will send a letter with a proposed change.  You can respond by letter saying it was a typo and that all $130 of the distribution were used to pay for qualified medical expenses. 

View solution in original post

1 Reply
DDollar
Level 4

HSA disbursements; I put $61 but should have put $130.42 - all used at the dentist. My taxes were filed and accepted. Should I fix it on Turbo Tax with Amend form?

Making this minor change to your HSA disbursements will have little or no effect on your tax liability.  I would do nothing, but realize there is a possibility that the IRS will send a letter with a proposed change.  You can respond by letter saying it was a typo and that all $130 of the distribution were used to pay for qualified medical expenses. 

Dynamic AdsDynamic Ads
Privacy Settings
v