Hello,
Sorry I was not clear. And I will apologize in advance for the delay and my lengthy response.
2021 - what was your HDHP coverage? Type and months? What were your HSA contributions?
I had Blue Cross PPO coverage - highest coverage (not basic or traditional) and I think I paid about $50 a month. I also contributed to an HSA account. I contributed $4341.63 as a single person. I retired in December so I contributed to the HSA for 11 months but that put me over the maximum according to TT since my last day of work was November 30, 2021 and I didn't work a full year. I then went on Medicare in December 2021. I had some distributions from the HSA throughout 2021, and I received the 1099-SA form, so in the HSA-HDHP contribution section in TT, I selected Self for 11 months and 'Medicare or None' for 1 month. That was when I found out I overpaid and was going to pay 6% in taxes, If TT told me I needed to take the money out then, I answered that I would take it out by April 15, 2022 but apparently forgot to do it.
2022 - what was your HDHP coverage? Type and months? What were your HSA contributions?
Medicare for all of 2022, no HSA contributions at all. I did get another 1099-SA form for what I still had in my HSA, but I received the same message from TT about paying a 6% tax for over-contributing even though I did not contribute. I thought it was because I still had money in the HSA. Even though I indicated that I did not make any contributions and I had the 1099-SA, TT made me complete the section about the HSA-HDHP contribution section so I thought I was supposed to select 'Medicare or none' for all months. I know I asked this question to TT last year and can't remember the info I received but if I recall correctly, other customers were saying TT had an error in it for the same issues. I really don't remember what I did, and probably got taxed again for it. I also removed all the money in my HSA account in 2023.
2023 - what was your HDHP coverage? Type and months? What were your HSA contributions?
Medicare for all of 2023, no HSA contributions. Still getting the same message but it is saying I overpaid in 2022 even though I didn't contribute anything in 2022 (or 2023). I got another 1099-SA from the HSA account for 2023 indicating what I removed from my account. I should not even be taxed for the money that I removed from the HSA and it was used for all medical reasons. I was taxed on it in 2022 and now again TT (or the government) is taxing me on it for 2023.
Apparently I am doing something wrong or the 1099-SA has the wrong code on it, or, well - I don't know what, but I am starting my TT all over again to see if I can somehow fix my answer so I don't get asked about the HDHP HSA Contributions when I did not contribute for 2022 or 2023. .
Thanks for getting back to me. Any help would be appreciated. I have never been this late doing my taxes so I am a little frustrated and stressed.
