Hi,
My issue pertains to my HSA accounts and a funds transfer that went awry.
I have two HSA accounts, one through my employer and the other through a credit union.
When I opened the credit union HSA last year the credit union employee gave me incorrect information regarding fund transfers.
I specifically asked (I have this in writing) if I needed to complete a funds transfer form for the credit union to pull the funds from my employer HSA.
The credit union employee responded “No, just link the accounts and initiate an online transfer”, which I did.
The credit union pulled the funds directly from my employer and placed them into the new HSA.
A few days later I received an email from the credit union stating that the employee was incorrect and that I needed to complete a transfer form however the funds already transferred.
My employer HSA shows this transfer as a “normal distribution” hence form 1099 SA.
The bank apologized and stated that they will show this transfer as a “roll over” so I am expecting a form 8889.
Now as I look at Turbo Tax I have NO IDEA how or where to explain why I have two forms for the same funds and no medical expenses.
How can I go about showing the IRS that this was not a normal distribution and that the funds went directly into a new HSA?
Do I provide statements, the rollover form etc? And must I send these (and my taxes) through the mail instead of electronically?
Any suggestions are greatly appreciated.
