I had a total contribution of $1300 to my HSA. The limit is $3500. However, I was sent a 5498-sa form this year. And turbotax is auto-calculating my excess contribution to be $1300, the exact amount of my total contribution. What is going on? My HSA bank even verified that I should not be penalized since I was more than $2000 UNDER the limit. Can anyone explain what’s going on?
