turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

2LWS
New Member

Excess contribution to HSA in prior year of $925 and paid a penalty of $56. So now the program is asking me about excess contribution from 2017, and penalizing again?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Excess contribution to HSA in prior year of $925 and paid a penalty of $56. So now the program is asking me about excess contribution from 2017, and penalizing again?

If you did not remove the excess contribution then you will owe a penalty each and every tax year until you do remove it. 

View solution in original post

1 Reply

Excess contribution to HSA in prior year of $925 and paid a penalty of $56. So now the program is asking me about excess contribution from 2017, and penalizing again?

If you did not remove the excess contribution then you will owe a penalty each and every tax year until you do remove it. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies