- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to file HSA excess contribution with form 1099-SA
Hi all,
I over contributed $1250 to my HSA in year 2022, I realized that and corrected it by withdrawing this amount on 04/19/2023 (one day right after tax deadline of 04/18/2022, prior that I had already requested the tax extension to 10/16/2023). All my HSA fund were kept in a savings/cash account (no investments).
Can someone help me understand:
(1). After I extended the deadline to 10/16/2023 and withdraw the extra amount, am I still facing any penalty for over contribution?
(2). I already filed to IRS of that extra $1250 as my other income for tax year 2022, what to do with the form 1099-SA I received afterwards, should I just skip or fill in all the information into Turbotax to pay tax possibly twice?
Topics:
March 17, 2024
1:04 PM