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Unexpected 1099-SA due to account consolidation
I had an HSA with Optum bank through my previous employer. Then I switched to a new employer in 2022 who created a new HSA with Optum bank as well. Next, I requested Optum bank to consolidate both accounts but Optum bank in reality closed the first one and sent me a check. So I called in again and asked to void and apply the check amount to the new HSA. Unexpectedly, I just received an 1099-SA due to the account closure withdrawal check. Now, what do I do with the 1099-SA in the tax return?
Technically, the distribution is not spent but deposited back to my new HSA account. Should I expect another form for the deposit amount or select something else when filing the tax return?
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‎February 21, 2023
5:48 PM