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Getting withdrawn HSA excess contribution to show up on Form 8889
We had two HSAs last year, one for my wife and one for myself. We overfunded them by mistake by $814. I withdrew these excess contributions after January 1, 2020. This withdrawal of the excess contributions should show up on line 14b on Form 8889, but it is not showing up. I am taking the following steps to do so, and it is not working. What should I be doing instead?
After going through the HSA interview and letting the program determine we could have $7000 max contribution, it says:
"Who made the excess HSA contribution? You contributed $814 more to your HSAs than you were allowed. From this amount, you may allocate $488 of excess contribution between you. Who should we treat as having made the excess contribution of $488?"
I selected myself, but why is it saying $488, and why does this matter?
Next page, it says I have made an excess contribution, and to avoid a 6% tax on this, I should withdraw by April 15. Since I have already withdrawn this, I select that I will withdraw it all by April 15.
Next page, it confirms that I have $814 of excess employer contributions withdrawn.
But when I go to review Form 8889 at the end preview, it doesn't show this $814 on line 14b! How do I make that happen?
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‎February 20, 2020
6:55 PM