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I put the wrong amount for non medical distributions on my 8889 HSA form. Do i pay the correct 20% penalty or the difference between the amount already penalized?
My return has not been accepted yet
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Deductions & credits
Based on your statement that your return has not been accepted yet, I am assuming that you have already filed your taxes and then realized the mistake.
If that is the case, wait to see if your return is accepted as filed. If for some reason it is not, then you can make the correction before re-submitting it.
If it is accepted as filed, then you will need to file an amended return to correct the mistake. Simply paying the corrected amount would cause confusion since it would not match the tax return that was filed.
Instructions for amending a 2017 return will be available in early February. If you keep checking the information below, the link to the instructions will become active when they are available.
https://ttlc.intuit.com/replies/3288565
https://ttlc.intuit.com/replies/3318732
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