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If I contributed $2250.00 to my HSA & Turbotax says I must withdraw balance by 4/15/19 or pay 6% but HSA mgr says I can't withdraw if not used for med so who is right?
I contributed $2250. in 2018 to my HSA; The balance is $2150.00 I called the bank organization that manages the HSA for my company and was told I cannot withdraw anything. That no one can simply withdraw without using it for medical purposes. Yet TurboTax unequivocably tells me I will be taxed 6% on this balance if I do not withdraw it by April 15, 2019. I am totally confused and do not understand. My company does not match my contributions to my HSA. What next?
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‎June 3, 2019
12:14 PM