"do you also have to file an amended return for the year the excess contribution was made?"
No, no amended return is needed. That is because the moment that TurboTax determined that there was an excess contribution, the amount of the excess was added to Other Income on line 8 on Schedule 1 (1040), whether the excess was withdrawn or not. ***Note, this applies to HSA contributions made through your employer (code W in box 12 on your W-2). If the excess contribution was a direct contribution, then TurboTax lowers the amount deducted on line 12 of Schedule 1 (1040) instead.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
