Hi, I overcontributed $530.72 to my Fidelity HSA for 2020.
On their Return of Excess Contribution form there is an option to:
Redeposit the full amount of the excess contribution made in a prior year plus earnings back into this HSA as a contribution for the current year.
I will do this before Apr 15 2021.
Do I still have to pay the 6% penalty on the excess?
How do I report this tax wise?
Thank you.
