BillM223
Expert Alumni

Get your taxes done using TurboTax

OK, did you receive a 1099-SA for the withdrawal of the excess contributions?

 

If so, what was the distribution code in box 3 on that 1099-SA? and what was the gross amount in box 1?

 

Remember that you will get a 1099-SA for any normal distributions and a special 1099-SA for your withdrawal of excess contributions. You can tell them apart by the distribution code.

 

After you enter this special 1099-SA, TurboTax will ask you if the excess contribution was deducted from your wages (i.e., it was part of the code W amount in box 12 on your W-2).

 

If you answer "yes", then the gross distribution amount in box 1 of this special 1099-SA will be put in line 14b.

 

So,

1. have you gotten that special 1099-SA, and

2. was the excess coming out of the code W amount or from a direct ("personal") contribution, which is treated differently?

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