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"Excess contribution deducted from your wages?" Turbotax asks this question after HSA 1099-SA. Regardless of my answer YES/NO, it doesn't increase or decrease tax. How?
I really don't the know the answer to the question TurboTax is asking. So, to be on the safe side, I would rather pay taxes for the excess contribution. It seems like there isn't a way to do so.
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May 11, 2021
7:29 AM