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HSA overcontibution
Hi,
I overcontributed to my HSA.
TurboTax app says there will be a penalty and I should remove the excess. I read other sources which suggest that there is no penlaty, you just recalculate taxable income while doing taxes.
1 - which one is correct?
2 - how do I correct it? I already claimed it all and it was distributed to me.
Thank you very much in advance
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‎February 25, 2021
6:38 PM