WebAnyone can make an after-tax contribution to your Fidelity HSA. Generally, contributions another person makes to your HSA will not be tax-deductible for the contributor, and the … WebName(s) shown on Form 1040, 1040-SR, or 1040-NR Social security number of HSA beneficiary. If both spouses have HSAs, see instructions. Before you begin: Complete Form 8853, Archer MSAs and Long-Term Care Insurance Contracts, if required. Part I HSA Contributions and Deduction. See the instructions before completing this part. If you are …
Solved: How to correct an excess HSA contribution that was ... - Intuit
WebPart VII—Additional Tax on Excess Contributions to Health Savings Accounts (HSAs) If you, someone on your behalf, or your employer contributed more to your HSAs for 2024 than is allowable or you had an amount on line 49 of your 2024 Form 5329, you may owe this tax. ... over your contribution limit (Form 8889, line 12). Also include on line 47 ... WebMar 2, 2024 · Any excess HSA contributions are subject to regular income tax and a 6% excise tax each year until they’re corrected. If you find that you’ve over-saved in your HSA for the year, there are two ways you can … ib tailor\u0027s-tack
HSA contribution was repaid to employer through my checking
WebName(s) shown on Form 1040, 1040-SR, or 1040-NR Social security number of HSA beneficiary. If both spouses have HSAs, see instructions. Before you begin: Complete … WebYour Fidelity 2011 Form 1099-SA for Your Health Savings Account (HSA) LINE 1: Reports the total amount of the distribution(s). LINE 2: Reports the earnings on any excess … WebApr 7, 2024 · You must include Form 8889, Health Savings Accounts (HSAs), together with your tax return in order to accomplish this, and you must accurately state the HSA contribution amount on this form. The excess contribution that was addressed by shifting it to the following year should also be noted on the form. ib tarief aow 2021