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Handing of 2024 excess HSA contribution for 2025 tax filing

I always use Turbo tax Desktop Home & Business to handle my tax filing

 

For 2024 filing, the software informed my that I made $999 excess HSA contribution and I need to withdraw the amount along with the earnings.  I contacted Fidelity to with draw on 02/14/2025 but forgot to include earning amount.

 

I also made 2025 HSA contribution ($5,300 for myself and spouse, both 63 and MFJ)

In Jan 2025, I got 1099-SA form that show $999 with Distribution Code = 1

 

For 2025 filing, initially I did not realize the above. Until I work on HSA section, where Turbo Tax showed that $999 as income and indictates that I have another $55 HSA excess.  Upon digging, I realized that I made mistake from above.

 

Can you guide me what to do using Home & Business desktop version to recitfy the missing 2024 excess HSA earning amount and to handle the new $55 withdraw and filing correctly?

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1 Reply
BillM223
Employee Tax Expert

Handing of 2024 excess HSA contribution for 2025 tax filing

Please confine yourself to one post or thread on a single issue. 

 

I have answered your other post, but I do not know if the answer was appropriate, given that I had not seen this post yet.

 

Please go read my reply on your other post on this topic and make any reply on that there, and not here.

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