ossebold1
New Member

HSA tax excise tax

I have HSA with HDP plan at my employer.

Line W on my W2 shows contributions of 3499 which is comprised of $300 from my employer and the rest from payroll deductions.   I am 63 years old during the tax year.    I see a $150 additional tax on my 1040 for retirement which I assume is for my HSA contributions.   I thought that the contribution limit for 2019 for a person over 55 to be $4500.  Why am I paying the additional tax?