About bk44

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Re: HSA - Tax & Penalties - To Withdraw Now or Later?

You are correct that in TY 2019 I only had HDHP coverage for 1 month, December, 2019.Consequently in TY 2019, I was ineligible to contribute S4125.00 of the tot...

bk44

Updated May 23, 2021
Re: HSA - Tax & Penalties - To Withdraw Now or Later?

re:"If that's the case, why in TY 2020, does TurboTax (Form 5329, Line 49) indicate I ALSO owe 6% ($248) on that 11 month HSA deduction ($4125) I was not entitl...

bk44

2

Updated May 23, 2021
Re: HSA - Tax & Penalties - To Withdraw Now or Later?

Thanks for the reply & clarification thatfailure to maintain HDHP coverage is NOT the same as excess contributions.Are you saying that for TY 2020, the10% tax l...

bk44

4

Updated May 23, 2021

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Date Registered	‎May 10, 2021 10:44 AM
Date Last Visited	‎June 1, 2021 3:42 PM
Total Messages Posted	4

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