We over-contributed our HSA in 2020 and asked the HSA provider to roll over the excess amount to 2021. How can this be properly entered in TurboTax? The W-2s show excess contribution and if I choose "I will withdraw the excess amount", that amount gets taxed in 2020. What I expect to happen is that we contribute less in 2021 to stay under the limit and we don't pay taxes on HSA contribution in either year. Do we need the employer to issue a corrected W-2 to show new HSA amount? Will 2021 W-2 reflect the rolled over amount?
I guess we should have just done the withdrawal instead of the rollover, but now I just want to know how to deal with this situation.
Any help would be appreciated.
