Question

Hello! If your employer contribution to your HSA is captured on your W2, do you have to also add your 1099-SA? When I do, Turbo tells me I have an excess contribution.

Forum|Forum|5 years ago
February 9, 2021
2 replies
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TurboTax Deluxe Online

No, you will not add the contribution amount from your W2 again. However, you will go through the interview to answer other questions on your 1099-SA form. Again be sure to delete any duplicate contribution amounts that you may have entered.

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M

Marc R

Same problem here.

"It looks like you have an excess contribution . The amount will be taxed 6%"

How can I remove the HSA contribution? I didn't find where I have the choice to remove the HSA contribution...

M

mglauner

Yes, if your HSA Contribution is shown on your W-2, and you entered it again in the HSA interview, TurboTax will tell you that you have an Excess Contribution.

Don't worry, this is a very common error. Just step through the HSA section again and remove the contribution amount that you entered. Don't forget to continue all the way through the section to give info about your HDHP Insurance, as this is linked to your HSA.

Here's more info on Excess HSA Contribution and What is Form 1099-SA.

@Marc R

O

Opus 17

Adding a 1099-SA (a distribution) can't by itself create an excess contribution situation. You would have an excess contribution situation if you double-counted your contributions, or if you did not indicate you had qualifying HDHP coverage. The 1099-SA would show up as taxable income, unless you check the box that says "I used all the money for qualified medical expenses," but it would not show up as a contribution.