I had a paycheck on 12/29/23 and employer put $100 of this towards my HSA pre-tax. On 1/2/24, $100 of this paycheck deposited to my HSA Account and put me $100 over the 2023 contribution limit of $3850.
I verified these numbers were accurate by checking my pay stubs & HSA account statements. In my 5498-SA, there's a line that states "Total HSA contributions made in 2024 for 2023" = $100
I submitted the form to remove this HSA excess distribution and it was removed on 3/27/24. It was never invested so shouldn't have made any earnings. My W-2 and 1099-SA do not show this HSA excess contribution. I don't have an updated W-2 or 1099-SA from my employer or HSA provider.
What do I report on my 2024 Tax Return in Turbotax? When I enter the 1099-SA should I just put "0.00" in Box 2 - Earnings on excess contributions & choose "2-Excess Distribution" in Box 3 despite not receiving any tax forms that state this? If I do that, I get this question "Tell us if your excess HSA/MSA contribution was made by your employer and deducted from the wages in Box 1 of W-2". Should I select "Yes"? Or am I on the wrong track entirely?
Help appreciated. I've read nearly all the posts on here and I'm still confused...
