I had excess HSA contributions in 2022 due to contributions made through 2 employers, and forms 5329 (penalty) were generated. However, the excess contribution were not carried over to 2023, and I have to manually entered on Form 8889 as shown in graph below.
In 2023, they made the full contribution, so the excess contributions from 2022 become excess contributions in 2023 as well, and as in 2022, the excess contributions will not be carried over to 2024. My question is, How do I makes the excess contributions carryover to the next year automatically? Thanks!
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.