I originally entered some numbers for “Amount withdrawn by April 15, 2024” and my tax owed amount decreased. I made a mistake and I want select "No, we're not going to make this withdrawal." But when I select "No, we're not going to make this withdrawal.", and continue and run the checks, the tax owed does not increase back to the amount before I entered some numbers for “Amount withdrawn by April 15, 2024”.
How do I get the original tax owed that will reflect that "No, we're not going to make this withdrawal.", before I entered some numbers for “Amount withdrawn by April 15, 2024”. Please help me with this question.
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I believe this is just a software question. I don't want to have to start all over to make the tax owed/refunded reflect properly when i did not make any withdraws.
We in the Community cannot see your private tax data, so we cannot be sure why you are seeing what you are seeing.
However, even if you don't want to hear it, you can almost certainly undo whatever you did by doing an HSA Reset - this is not a button but it is a process. This will remove any entries you have made relating to the HSA.
***Reset***
1. make a copy of your W-2(s) (if you don't have the paper copies)
2. delete your W-2(s) (use the garbage can icon next to the W-2(s) on the Income screen)
*** Desktop***
3. go to View (at the top), choose Forms, and select the desired form(s) - 1099-SA (if one), 8889-T, and 8889-S (if one). Note the Delete Form button at the bottom of the screen.
*** Online ***
3. go to Tax Tools (on the left), and navigate to Tools->Delete a form
4. delete form(s) 1099-SA (if one), 8889-T, and 8889-S (if one)
5. go back and re-add your W-2(s), preferably adding them manually
6. go back and redo the entire HSA interview....
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