Re: Excess HSA Contribution

JB177 · Mar 23, 2024 10:54:16 AM

Hi, I had an excess HSA contribution in 2021 which was later corrected in 2023. It was reported on the tax returns for 2021 and 2022. After adding the 1099-SA to report the excess contribution correction, the site is asking if ‘Did you overfund your HSA in 2022?’. And, technically I did not as I order funded it the year prior (2021). How should this be answered to prevent any potential issues? The site should provide more options than just the prior tax year. pls advise.

Excess HSA Contribution

OK, so you had HDHP coverage in 2022 and your 2022 HSA contributions were $120 less than the annual HSA contribution limit (line 43). Since the available contribution amount was $120 and your excess was $75, the $75 was used up in 2022 as a personal contribution (line 46). In other words, no carryover from 2022 to 2023.

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