AmyC
Expert Alumni

Tax law changes

The program will continue on the path started since people don't always fix the situation,

 

If you have removed or compensated for the overcontribution, you  will need to correct the program and let it know that you no longer have an overcontribution to your HSA.

 

If you did not withdraw the money or reduce contributions to compensate, you still must continue to pay the penalty until you correct the situation.

 

See  Publication 969 (2022), Health Savings Accounts

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