Amount shown on form 5329, line 47 is labeled "excess contribution" but it is being pulled from form 5329-T Line 47 which is Total HSA contribution. How to correct?
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Amount shown on form 5329, line 47 is labeled "excess contribution" but it is being pulled from form 5329-T Line 47 which is Total HSA contribution. How to correct?
Please explain why HSA tax penalty calculation appears to be incorrect?
posted
yesterday
last updated
February 04, 202511:52 AM
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Amount shown on form 5329, line 47 is labeled "excess contribution" but it is being pulled from form 5329-T Line 47 which is Total HSA contribution. How to correct?
Correction: the amount from form 5329 line 47 is being pulled from form 8889 line 2.