Our HSA account was overdrawn after paying a medical bill, so we contributed the $53 to bring that account to zero before closing it due to getting new insurance.
If you made the contribution with after-tax dollars (i.e., you wrote a check and didn't do this through a salary reduction arrangement with your employer), then do the following:
In the interview for the HSA, after you have entered your 1099-SA information, continue the interview. Eventually you will come to a screen entitled with "Did [your name] put money into an HSA in 2016?" (for the Premier version). Answer "Yes", and the next screen will ask for any personal contribution not made through your employer - this is where you will enter the $53.
That $53 only brought the account UP to zero. There's nothing to withdrawl on the part where we are being prompted to select what we'd like to do with this contribution. What do I do?
If you made the contribution with after-tax dollars (i.e., you wrote a check and didn't do this through a salary reduction arrangement with your employer), then do the following:
In the interview for the HSA, after you have entered your 1099-SA information, continue the interview. Eventually you will come to a screen entitled with "Did [your name] put money into an HSA in 2016?" (for the Premier version). Answer "Yes", and the next screen will ask for any personal contribution not made through your employer - this is where you will enter the $53.
I got that part down, but concerning the part where it asks about withdrawing the excess contribution. There's nothing to withdraw because it was just to bring our accout back up to zero.
I thought that you put the money in before you closed out the HSA. Are you saying that you were no longer eligible to contribute to the HSA when you put in the $53? Or had you already contributed the limit for the year before you put in the $53?