Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
tnicoluci
New Member

My HSA form 1099-SA states a total contribution of $2,778.47 but if I sum up all my payments in 2019 it is $2,961.31. Why is that different? Must I contact HSA to check?

 
2 Replies
MinhT1
Employee Tax Expert

My HSA form 1099-SA states a total contribution of $2,778.47 but if I sum up all my payments in 2019 it is $2,961.31. Why is that different? Must I contact HSA to check?

You can contact your HSA administrator to check. The most plausible explanation would be that your last contribution towards the end of the year was only received by the administrator in the first days of January 2020.

 

Please note that form 1099-HSA reports distributions by the HSA. Contributions to the HSA are reported on form 5498-SA.

 

 

Edited on 1/17/2020 - 12:40 PM PST

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
tnicoluci
New Member

My HSA form 1099-SA states a total contribution of $2,778.47 but if I sum up all my payments in 2019 it is $2,961.31. Why is that different? Must I contact HSA to check?

Thanks - I called HSA and found there was a double contribution that was credited back to my account. So the result on the 1099 form was correct after all. 

Thanks for your reply.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v