HSA Excess Contribution

ash11 · Apr 29, 2023 5:48:30 PM

Hello Expert,TurboTax has determined that I made an excess HSA contribution. I withdrew the excess amount before April 18, 2023. I thought I would receive a revised 1099-SA to complete my tax filing, but the HSA administrator has informed me that it will only be generated next year.<OL><LI>Can I file my tax return for this year? The excess amount I withdrew is shown in line 8 on Form 1040 under the income section.</LI><LI>Since this amount is already listed as income, what should I do when I receive a 1099-SA next year for this withdrawal? I want to avoid double taxation.</LI></OL>Thank you for your help.

HSA Excess Contribution - Form 1099-SA

Hello Expert,

TurboTax has determined that I made an excess HSA contribution. I withdrew the excess amount before April 18, 2023. I thought I would receive a revised 1099-SA to complete my tax filing, but the HSA administrator has informed me that it will only be generated next year.

Can I file my tax return for this year? The excess amount I withdrew is shown in line 8 on Form 1040 under the income section.
Since this amount is already listed as income, what should I do when I receive a 1099-SA next year for this withdrawal? I want to avoid double taxation.

Thank you for your help.

posted