Hi
I separated from my employer in Feb of 2022 due to disability. In Jan, they contributed $1000 to my HSA. Since I went on Medicare, HSA contributions are not allowed and I had the HSA company send me the $1000 (-$20 fee) for this over-contribution.
I am working on my taxes. I assume I need to claim this as income on my taxes, but how? (With a regular HSA distribution, TT asks if it was spent on medical and I assume it would be taxed, if not. But, since this is coded as an 'excess contribution', TT just asks if I withdrew the excess contribution (which I did) and then moves on.
Do I need to claim this as income somewhere?
Thanks!
