Yes, it was e-filed and got the tax return already (before July 15, 2020). We went through the steps indicated in the HSA section (had entered correct amount on W-2) and "checked off" option that you will remove the excess contributions before the due date. Because of that, I assume Turbo tax had removed the excess calculation and the extra tax penalty part, right?
Then, she forgot to ask her HSA to take the excessive out by the due date anyways. But sounds like she still should be able to, but they refrained from answering tax related questions due to liability, so frustrating, and said we have to ask tax advisor. For example, they can't even tell us the earnings on the excess. How are we supposed to find that out? (They were set aside for just normal medical use, never "invested" into a fund, so I assumed no earning but how can we be sure?)
And now, 1) we have to take out the excess to NOT continue to penalty on each year after (saw if we leave it in HSA, there's penalty every year?)
2) Amend the tax return. What form should we use if not the form 5329 anymore?
Are there anymore steps we are missing? Thank you!
