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Level 1
posted Apr 2, 2025 8:40:38 AM

There is income reported on Schedule 1 line 8F, 'Income from Form 8889'. But on my 8889s there is no income reported. How do I determine the makeup of this amount?

The shared token is 1298724.
In form 1099-SA the box2 (Earning on excess contribution) is 0.0.

0 6 735
1 Best answer
Expert Alumni
Apr 2, 2025 4:00:24 PM

Your line 8f amount (the excess contributions) consist of the excess amount in your code W amount in box 12 of your W-2 ($375) plus the taxable amount of your HSA distribution (you said that only $6k of your distribution was for medical expenses, so the remaining $82 was taxable). This makes the total of $457 that you see on line 8f.

 

In addition, there was a 20% penalty on $82, so line 17c on Schedule 2 (1040) has the $16 penalty.

 

 

6 Replies
Expert Alumni
Apr 2, 2025 8:43:41 AM

Are you filing a Married Filing Jointly return? If yes, there will be two Form 8889, one for Taxpayer and one for Spouse. 

Do you have and did you check both? 

Level 1
Apr 2, 2025 9:03:28 AM

Yes, Married filing jointly. There is only form 8889 for the taxpayer. 

Expert Alumni
Apr 2, 2025 4:00:24 PM

Your line 8f amount (the excess contributions) consist of the excess amount in your code W amount in box 12 of your W-2 ($375) plus the taxable amount of your HSA distribution (you said that only $6k of your distribution was for medical expenses, so the remaining $82 was taxable). This makes the total of $457 that you see on line 8f.

 

In addition, there was a 20% penalty on $82, so line 17c on Schedule 2 (1040) has the $16 penalty.

 

 

Level 1
Apr 3, 2025 6:49:57 AM

Got it. That makes sense!

To confirm, even if the excess contribution ($375) is already withdrawn (in Jan'25), this counts as income for 2024? 

Expert Alumni
Apr 3, 2025 6:50:45 AM

That is correct!

Level 1
Apr 7, 2025 5:50:23 AM

Thanks!