Possible Amended HSA

Forum|Forum|7 years ago
June 6, 2019
1 reply
16 views

An hospital I visited in 2016 just sent me a refund of ~40$ for overpaying their services. I believe I paid those services with my HSA funds. I received form 1099-SA about 2 months ago and I don't think the amount on that form (1902.59$) considered that ~40$ refund. Should I expect to receive an amended 1099-SA from my HSA provider (UMB Bank)? If so, it will likely arrive after filing date. What should I do then?

TurboTax Deluxe Online

Best answer by BillM223

No, to get the corrected 1099-SA, you will need to ask your HSA plan administrator for a "Mistaken Distribution" form. Along with this form, you will need to send them the ~$40.

The HSA provider will send you the corrected 1099-SA, either now or for next year.

Have you already filed? If so, you'll want to amend your return so that your forms match what the IRS has (they get a copy of the corrected 1099-SA).

If you have not yet filed, then the easiest thing to do would be to file an extension, especially if you are getting a refund or you are pretty sure of what you will owe. Then when the corrected form comes in (probably in late April), you can file then.

[Edited 3/17/2020 4:25 pm CDT - made year neutral]

BillM223Answer

Level 15

[Edited 3/17/2020 4:25 pm CDT - made year neutral]

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samdesrochersAuthor

Level 2

As a follow up, I called the hospital that issued the check and the representative was somehow not sure if I paid for the overpaid services with my HSA or with my regular credit card. I remember at some point in 2016 using my credit card for some services at that hospital, but I also used a large portion of my HSA for other services.

My question is thus: what would be the downside to still following what you recommend above, which is to return the check to my HSA admin and have them put it back as 2016 contributions -> get a corrected 1099-SA. Would that cause troubles with the IRS? Since I'm not sure about where the ~40$ comes from, is there a simpler way I could simply forfeit it in my tax report and have that 40$ deduced from my original return (above 1000$ for the year). I really don't care much about that 40$ being gone... Thanks!