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1040 is incorrectly showing excess HSA contribution that was cured with a distribution as income
I had a $229 excess HSA contribution for 2024 that I have cured through a distribution in 2025 before the 4/15/2025 tax deadline. I went through the HSA Q&A in TurboTax online. I indicated that I had withdrawn the excess $229 HSA contribution before the 4/15/2025 tax deadline. In the "HSA summary" section of the Q&A, it seems to recognize the cure as it shows the $229 in the last line labeled "Excess employer contributions withdrawn". However, when I preview my return, the $229 is still being included in line 8 of the 1040 as additional income from Schedule 1, line 10. There appears to be a glitch in the software. Can you please help me with this issue?
‎January 30, 2025
6:57 AM