Robert87
Returning Member

Get your taxes done using TurboTax

Yes I want to know what do we need to do to cut off the 2016 excess contribution from showing up every year and needing to pay 6% penalty on that excess now that the 2016 excess contribution amount has been withdrawn from the HSA?

 

The 2016 excess contribution amount was $3349.  Was never asked by TurboTax if this amount was for qualified medical expenses.  Not seeing a way to remove this from my 2019 taxes so that we don't need to pay the 6% penalty even though the $3349 has been removed from the HSA.  And yes we did remove the interest earned as well.  And yes we did pay income tax on the withdrawn amount too.

 

Please help provide steps that we need to take to cut this off?