BillM223
Expert Alumni

Deductions & credits

Yes, you cannot withdraw as an excess contribution more than what was actually in excess. The difference between what you withdrew and the actual excess is considered to be a distribution not for the purposes of paying for qualified medical expenses.

 

What you have given us is incomplete. The $333 is, as you note, 4 months of the $1,000 bonus, so the owner of the HSA must be 55 plus.

 

However, you say that you had an excess of $7,867. I can't read this number as anything other than you were not eligible for any months. But if you were not eligible for any months, then you would not have been allowed the $333, either.

 

So help me understand. How many HSAs are here? and what was your HDHP coverage (if any) and was was your spouse's HDHP coverage. Did either of you make other HSA contributions? 

 

 

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