WebWhen I went back to review the W2 overview screen, it showed 1 for my wife and 1 for me. However, when I clicked [Edit] next to my wife's, the next screen had her W2 associated to me as indicated by the radio button. As soon as I switched it to her and saved, the excess contribution went away and was resolved. Definitely a bug. WebSo any excess (and/or subsequent removal) contribution doesn't show up that anyway, so there'd be nothing to correct. Contributions get reported on a different form: 5498-SA. But since you have until April 15 2024 to make contributions into an HSA counting for 2024, that form isn't generated by your HSA provider until mid-May or so.
HSA Excess Contributions – What Should You Do? - DataPath, Inc.
WebInstead, you must request an Excess Contributions refund by faxing or mailing this signed and completed form to HSA Bank, using the address or fax number listed above. We will … WebTo matters little more complicated, my HSA account was moved from Optum to Fidelity early this year. While filing my taxes this year, I realized that I have over-contributed my HSA … larikka jari
Excess HSA contributions but I didn
Web21 sep. 2024 · For 2024 and 2024, the deductible amount required in order to qualify for an HSA is at least $1,400 for an individual and at least $2,800 for a family. If you contribute … Web4 mrt. 2024 · You can avoid paying the excise tax by: Withdrawing the excess contribution (s) by the tax filing deadline of the year the contribution was made, and Withdrawing … Web27 jan. 2024 · You may withdraw some or all of the excess contributions and avoid paying the excise tax on the amount withdrawn if you meet the following conditions. You withdraw the excess contributions by the due date, including extensions, of your tax return for the year the contributions were made. lari larie oh oh oh oh