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Contribution to my HSA that is shown on my 2019 W-2 that should be applied to my 2020. Excess should be applied to 2020 HSA, it was placed 1-2-2020, how do I report this?


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Contribution to my HSA that is shown on my 2019 W-2 that should be applied to my 2020. Excess should be applied to 2020 HSA, it was placed 1-2-2020, how do I report this?
The message from TurboTax that you had an excess contribution in tax year 2019 means that so far as TurboTax has been told, you contributed more than the annual HSA contribution limit in 2019.
I do not know what "it was placed 1-2-2020" means - what was "placed" in 2020 and what does "placed" mean? contributed?
Your employer contribution to your HSA (that is, money contributed by your employer PLUS money contributed by you through payroll deduction) is what appears on your W-2 in box 12 with a code of W. This is money that your employer says was contributed for tax year 2019. Are you saying that that is not true?
Also, if you made any direct contributions to your HSA during 2019, you would report this during the HSA interview when you are asked about "personal" contributions.
In any case, please come back and clarify all this for us.
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Contribution to my HSA that is shown on my 2019 W-2 that should be applied to my 2020. Excess should be applied to 2020 HSA, it was placed 1-2-2020, how do I report this?
Yes "placed" = contributed. This excess of money that is on my W-2 box 12 was my bonus form the 2019 and I had the option to defer to my HSA for the year 2020. It then was deposited into my HSA on 1-2-2020. My bank says that it will not be contribution for 2019 as it wasn't deposited in the year 2020 and not 2019. As far as my employers goes, it is a 2019 bonus that they didn't deposit until 1-2-2020. However the total is still in box 12 of the W-2 which result in an overage of the HSA maximum allowable amount of 7,000 in 2019.
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Contribution to my HSA that is shown on my 2019 W-2 that should be applied to my 2020. Excess should be applied to 2020 HSA, it was placed 1-2-2020, how do I report this?
The only way for this issue to be resolved would be to contact your employer and request that the amount in Box 12 be changed to reflect only the 2019 HSA contributions.
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