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HSA Opened in Error
Hi All,
I opened HSA through my employer in 2022 but my wife have a General Purpose FSA in 2022 which made me not eligible for HSA in the first place.
We didn't used any of the HSA money. I invested some of the money inside the HSA but didnt make any gains but actually lost.
This week i closed my HSA account using "HSA Opened in Error".
My W2 still have my HSA contribution in box 12.
How do I file this in Turbo Tax? Is there any penalty I need to pay or just regular Income Tax on the HSA contribution I made since i closed the HSA account prior to 2022 tax deadline?
Thank you in advance!
Paul
March 25, 2023
9:50 AM