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HSA Contributions vs Distributions
I only contributed $2,000.22 to my HSA with my employer contributing $300. I had $3,752.20 in distributions. While filling out my taxes on your site it told me I over paid by $450 into my HSA and that I needed to withdraw that money or be taxed an extra 6%. As a single person I am allowed $3,850 in contributions for 2023, so why did it tell me that I over contributed by $450? I didn't catch this until after I started the withdraw process with my HSA plan, which may now end up costing me even more.
‎January 23, 2024
9:32 PM