- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You need to make a Form 1099-SA entry for the distribution from an HSA account and code it as a normal distribution. If you choose the return of excess contribution option the assumption is the contribution was not deducted from your income so it shows up as not being taxable. Of course, the assumption here is that your employer never included the contribution in your income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 10, 2023
8:55 AM