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Deductions & credits
Thanks Mike. TurboTax is asking me to pay the 6% IRS penalty for the $20 dollars I contribute over the HSA limit unless I withdraw it. I can’t take the money out of the HSA since the account is closed. Furthermore, HSA provider took the remaining $15 as a fee to close the account.
How can I record FMV of the closed HSA account on TurboTax?
February 23, 2023
10:19 PM