HSA Excess Removal

atxhorn17 — Fri, 18 Apr 2025 21:47:26 GMT

Complicated question regarding a small HSA excess… I accidentally contributed ~$40 over my HSA limit in 2024. I mailed a request for my HSA provider to remove the small excess, and they distributed the overage — but not until April 17th (2 days past tax day)…

I successfully filed my return earlier this week, paying a small 6% excise penalty as it did not appear that the HSA provider would process the request by the 15th (they didn’t).

However, I learned that a CPA I used previously had actually filed an extension on my behalf (he mistakenly thought I’d be using his services). Does that mean my deadline to remove the excess is actually Oct 15th? So I could amend my return — saying the excess was removed by the filing deadline?

Interested to hear your thoughts. It’s a very small excess, so trying to pursue the easiest path to resolve it…

Re: HSA Excess Removal

Mike9241 — Sat, 19 Apr 2025 00:55:24 GMT

if the extension was valid, you can file an amended return to recoup the $2 in penalties. you must determine whether it's worth your time an effort. There should be no Turbotax fees.

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HSA Excess Removal

Re: HSA Excess Removal