aj262
Returning Member

Deductions & credits

Hello Bill,

 

Thanks for your response. My employer hasn't sending me an updated W2. The original W2 has excess HSA contribution. However, I got the access contribution applied to 2021 after the W2 was generated. So, technically I didn't withdraw the excess contribution. In other words, I would be contribution lesser than allowed amount in 2021 since I got the 2020 excess contribution applied to 2021.

 

Is that ok to overwrite the W2 amount, and show the HSA contribution which is up to the allowed amount? I will get an updated 5498-SA in early 2022 which will show this correction.