Why is TurboTax Massachusetts (not Federal) counting a 2019 $300 excess contribution to my HSA as a Taxable Distribution even though I have already withdrawn it?

posted

It depends. I recommend revisiting this section to check that the details about the excess being removed are reported in TurboTax. Type hsa in the search box and click the Jump to link to return to this section.

Click this link for commentary about excess contributions: Why am I showing an excess HSA contribution in 2019?

@chs86

Backdoor Roth IRA 2024 - Turbotax is taxing the entire amount of the conversion (which is incorrect - the conversion amount is the same amount as the basis from the non-deductible IRA that I am converting to Roth.

in Retirement tax questions

Expert does your taxes

Do it yourself

Resources

Support

Why is TurboTax Massachusetts (not Federal) counting a 2019 $300 excess contribution to my HSA as a Taxable Distribution even though I have already withdrawn it?

Why is TurboTax Massachusetts (not Federal) counting a 2019 $300 excess contribution to my HSA as a Taxable Distribution even though I have already withdrawn it?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Why is TurboTax Massachusetts (not Federal) counting a 2019 $300 excess contribution to my HSA as a Taxable Distribution even though I have already withdrawn it?

Do you have an Intuit account?

Why is TurboTax Massachusetts (not Federal) counting a 2019 $300 excess contribution to my HSA as a Taxable Distribution even though I have already withdrawn it?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert