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Deductions & credits
The maximum HSA contribution you can make without incurring a penalty for an individual plan in 2019 is $3,500. So, the $5,000 contribution would result in a penalty if you had an individual plan, so that may explain the increase in tax.
Also, you need to indicate that you used the HSA distribution reported on form 1099-SA for qualifying medical expenses to avoid that distribution from being subject to income tax.
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‎April 1, 2020
2:45 PM
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