My HSA reimbursed me the excess contribution amount before April 15. How do I report this taxable amount while filing tax other than getting my W2 corrected?

[BMcCalpin · Accepted solution]

When you were in the TurboTax HSA interview, and TurboTax told you that you had excess contirbutions, then if the excess contributions came from the code W amount in box 12 of your W-2, TurboTax immediately added your excess to Other Income on Line 8 on Schedule 1 (Form 1040), where it will be taxed.

If your excess was because of a direct contribution that you made (not through your employer), then the amount that would have been reported on line 12 of Schedule 1 is reduced by the amount of the excess.

In either case, you don't have to do anything and please don't go asking your employer for a corrected W-2.

TurboTax has already taken care of what needs to be done on the tax return side.

[Edited 3/20/2020 1:36pm CDT - updated for 2019]