In 2021, I made an excess contribution of $250 to my HSA account. In 2022, before filing taxes I withdrew that money. No contributions made in 2022 to the account. Later, I rolled over money in that HSA account to a new one. I just received 1099-SA for 2022. It shows Box 1(Gross Distribution): $ 250; Box 2 (Earnings on Excess Contribution): $1,500; Box 3 (Distribution Code): 2. How can I earn $1,500 on those excess $ 250? Is the amount of $ 1,500 taxable? Does my 1099-SA form has an error? If yes, how to get it corrected? Kindly help and explain.
