Hello, thanks for your availability to answer questions like mine here.
Feb 2022: mistakenly contributed an extra 3600 to my HSA, for TY21.
March 2022: realized this mistake while doing taxes & submitted a paper form for withdrawal. (TT suggested that this form needed to be processed before the TY21 tax filing deadline, but now am not sure if that mattered)
April 2022: The bank dawdled on the form and did not process until after the tax filing deadline. The excess was withdrawn plus <1$ interest (no investments were made).
May 2022: received a 5498 showing the excess contribution. Called the bank to ask if this should be corrected and they said no.
1) TT for TY21 asked me if I would withdraw the excess before the TY21 deadline and I said yes. However, due to banker's error the excess was not actually withdrawn before that deadline. Do I need to amend TY21?
1a) Did the TY21 tax filing deadline matter at all in this case?
2) For TY22, I expect a 1099-SA showing the withdrawal of the excess contribution. Is that expected to result in a penalty in TT for TY22?
Thanks for your input!
