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HSA Contribution Error
I input my W2 into Turbotax with my 2023 HSA contributions from box 12 ($1513).
If I go to the Less common income portion of turbo tax and start the 1099SA/HSA part of the document it asks if I have an HSA and asks me to put the information from my 1099SA into the document. When i finish this section of turbo tax it says I may want to withdraw money from my HSA, and that I have an excess contribution of $1513 and this will be taxed at 6%. What gives I have never been even close to the contribution limit for my HSA.
Should I assume all HSA information was put in when i input my W2? and choose none of the above when it asks if I had any health related account's for 2023?
March 29, 2024
11:52 AM