After a week of back and forth the HSA custodian says they cannot process the mistaken distribution. Their final answer is that they do not do this for withdraw...
"But you can be sure that there will be a 10% penalty on top of whatever TurboTax calculates."Please explain. Are you saying that Turbo Tax will not calculate t...
So the HSA custodian has agreed for us to return the mistaken distribution and we should be able to get the funds back into the HSA in the next few days. They s...
Hi. So the reason we withdrew the funds from the HSA is to avoid paying the 10 percent penalty on the contribution. Are you saying there is no way to avoid the ...
Thanks for the thorough answer.The HSA funds were withdrawn as excess contributions, and included the attributable earnings. This was done with the HSA custodia...
