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I opened an HSA account, then closed it 2 weeks later. However, a bank transfer of $3350 went through anyway. After my refund, do I still owe a 20% penalty?
When I realized the transfer went through, I requested my money to be refunded, and it took 3 months to get it back (actually $3320 came back since the index funds lost money). Then I received a form 1099-SA from the HSA bank. It's over the 60-day limit now, but I did deposit the same amount of money ($3350) in a new HSA through my employer.
‎June 7, 2019
3:10 PM