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April 10, 2025
Question

HSA contribution in the wrong year

  • April 10, 2025
  • 1 reply
  • 0 views

2023 HSA contribution made in 2024 for 2023 was not applied to 2023.  It was applied to 2024 accidently by the HSA bank.  Is there any way to get it in the proper year so I can still make a 2024 contribution.

    1 reply

    April 11, 2025

    Given the time that has passed, it's highly unlikely that HSA Bank would correct the mistake.  Custodians generally will not make a correction after the regular tax filing deadline, April 15, 2024 in this case.  There is no other alternative.

     

    The contribution limit for 2024 is slightly higher than it was for 2023, so you can probably still make a small HSA contribution for 2024 by April 15, 2025 to bring your total contributions for 2024 up to the 2024 contribution limit.