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Deductions & credits
Thank you ! Another question, when I review 'all official forms required for filling', none of this distribution code 1 vs 2 are being mentioned. I confirmed that I have to pay 20% penalty of this amount.
I understand IRS receives 1099-SA directly from our HSA admin, but since distribution code is not being stated anywhere in the tax return, does it matter if I actually provide letter of explanation to IRS or not?
‎September 10, 2023
7:06 PM