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Get your taxes done using TurboTax
Hi @BillM223 ,
That makes sense on the catch-up, that it will be a penalty for when I do the 2021 taxes next year.
When I do the 2021 taxes next year, once I get the bad news and the software adds the excess as Other Income that I will pay the 10% penalty on, is that the final step (and I will not need to do any excess withdrawing from the HSA account at that time)?
Thanks for your help with all of my questions!
‎April 21, 2021
7:47 PM