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What can I do with a refund from a closed HSA account?
Hi,
I just received a refund that I did not expect from a hospital from a visit in 2021. I used an HSA account that has been long closed to pay the hospital bill. Without notifying me, the hospital sent the refund to the administrator of my HSA account which in turn the administrator sent me a check. I called the administrator and they said they will send me a form in January and also report the refund to the IRS.
I cannot open a HSA this year to deposit the check into because I have a FSA at work and not in a high deductible plan. What can I do with the check without incurring taxes and/or penalties next tax year? Thanks.
‎July 23, 2024
5:54 PM