My employer made mistake on my HSA contribution, resulting in $329.48 over contribution for my 2021 HSA. I discovered this in December 2021 and asked them to correct. They returned the over contribution to my 12/31/2021 pay check. So the HSA contribution on my W2 is within the $7,200 limit. However, the balance in my HSA account didn't change. So the form 5498SA I received in January showed $7,529.48. I contacted the HR again. They said because it is already 2022, they couldn't correct this error anymore. They asked me to send the bank a Return of Excess Contribution Form. I did that and the bank mailed me a check of the excess contribution. I thought I would receive an amended 5498SA or a 1099SA for 2021, but the bank told me that they wouldn't issue a 1099SA for 2021 but would issue it for 2022.
My question is: How do I do my 2021 tax return? My W2 and 5498SA don't match. Should I go by W2 for 2021 and report the returned over contribution as an income in 2022 when I receive the 1099SA? If I go by W2 for 2021, will I be in trouble since IRS has the copy of 548SA? But if I report this amount as an income in 2021, will I have to report it again in 2022 when I receive the 1099SA? Then I will double pay tax for it.
Thanks,
