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HSA Excess Contribution
A year ago my daughter made a contribution to her HSA that was not allowed. Before the filing deadline (but not year end) she got it refunded and as far as I know it was reported with last years taxes via TT (line 8 1040 shows - I think - excess contribution being documented) This tax year however she received two tax documents - 1099SA. One for the distribution this year - coded as a normal distribution (seems ok) and another one coded as an excess contribution (does not seem ok - assuming it cannot be ignored since it was handled last year - understanding it would show up in this tax year?). Can you help me what should what should have happened and how I can confirm it did/did not happen?
March 6, 2022
11:48 AM