I’m trying to file my 2023 taxes and it won’t let me because I’m getting a validation error to check this entry.
“Form 8889-T: HDHP coverage check box needs to be checked to indicate the type of coverage held under a high-deductible plan during 2023.”
I haven’t had a HDHP in 2023. On the form it’s showing excess HSA contributions carried over from 2022 that are still in HSA. This excess contribution is actually from 2021. I chose to pay taxes on the excess contribution back in 2021 instead of withdrawing the excess contribution, but it showed up in my 2022 taxes, and now preventing me from completing my 2023 taxes.
Please advise.
I have worked for 3 companies in the last a few years.
Company A - until June 2021 - HDHP Plan / HSA Account with Benefit Wallet
Company B - from June 2021 until Dec 2022 - HDHP Plan / HSA Account with Bank of America
Company C - Jan 2023 - Current - Health Plan (Not HDHP) - No HSA account.
I have used all the money in Benefits Wallet account by 2022.
I still have money available in my Bank of America account.
2020 5498-SA - Benefit Wallet
Box 1- Empty
Box 2 - $1900.00
Box 3 - Empty
Box 4 - Empty
Box 5 - $1326.11
Box 6 - HSA
2021 5498-SA - Benefit Wallet
Box 1- Empty
Box 2 - $1380.00
Box 3 - Empty
Box 4 - Empty
Box 5 - $986.67
Box 6 - HSA
2021 5498-SA - Bank of America
Box 2 - $2210.00
Box 3 - $130.00
Box 4 - $0
Box 5 - $2203.29
Box 6 - HSA
2022 5498-SA - Bank of America
Box 2 - $3630.00
Box 3 - $70.00
Box 4 - $0
Box 5 - $3777.52
Box 6 - HSA
Tax Return - 2021
1040 - Line 8 - $120.00
1040 0 Line 23 - $7
Schedule 1 - Line 8e - $120
Schedule 1 - Line 9 - $120
Schedule 1 - Line 10 - $120
Schedule 2 - Line 8 - $7
Schedule 2 - Line 21 - $7
5329 - Line 47 - $120
5329 - Line 48 - $120
5329 - Line 49 - $7
Tax Return - 2022
1040 - Line 1h - $0
1040 - Line 10 - $10
1040 - Line 23 - $382
Schedule 1 - Line 13 - $10
Schedule 1 - Line 26 - $10
Schedule 2 - Line 8 - $7
Schedule 2 - Line 21 - $382
5329 - Line 42 - $120
5329 - Line 43 - $10
5329 - Line 44 - $0
5329 - Line 45 - $10
5329 - Line 46 - $110
5329 - Line 48 - $110
5329 - Line 49 - $7
8889 - Lines 3, 5, 6, 8 - $3650
8889 - Lines 9, 11 - $3640
8889 - Lines 12, 13 - $10
