I had excess contribution to my HSA account by mistake of $25 in 2023, I got it corrected before 15th April 2024 where they helped me adjust it to be as a part of HSA contribution for the year 2024. Therefore, I contributed $25 less in 2024 through my Payroll. I have received 1099-SA.
1099-SA for 2024 tax form:
1.Gross distribution : 25.59
2.Earnings on excess contribution :0.59
3. Distribution code : 2
Through my employer payroll :
HSA contribution in 2023 : $3875.00
HSA contribution in 2024 : $ 4125.00
Can someone please help me clarify the understanding of how to report this in 2024 taxes?
