I am retired and on Medicare. I transferred money from my IRA to my HSA through my financial institution. I didn't realize that I could not do this until after a few days after the rollover was complete, at which time I had the money transferred from my HSA back into my my IRA. I thought that was all I needed to do.
Today I received a 1099-SA from the institution where my HAS is stating I had a Gross distibution coded as Excess contribution. I don’t have my 1099 from the institution when my IRA is.
My financial institutions probably should have caught this, but they did not.
My question is have I inadvertently created a tax liability?
