My W2 and 5498-SA is showing an excess contribution of $400 in my HSA account for 2020. However, in January 2021, I got my excess contribution corrected and applied to the next year 2021.
TurboTax is not showing me an option to correct this. It only shows me if I will withdraw the excess contribution and treats the withdrawal as my "other income" increasing my tax.
My HSA company told me it will be corrected in the 5498-SA will be generated in Jan 2022.
Can I overwrite the amount to allowed contribution of $7100 even though I have not received a corrected W2 and 5498-SA yet?
