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Get your taxes done using TurboTax
"Its very clear that form 5329 must be filed even if the excess contributions are returned prior to the tax deadline."
False. If the excess HSA contribution has been returned by the due date of the tax return, you have no excess HSA contribution subject to penalty on Form 5329 Part VII and no Form 5329 Part VII is to be filed with respect to this returned contribution.
May 27, 2023
2:56 PM