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View Full Version : HSA Excess contribution


Trishala Raj
Mar 5, 2021, 05:42 AM
Hello Atlanta Tax Expert,

If excess contribution was made in 2020 , what is the best course of action to avoid tax and penalty on the excess contribution and the earnings before April 15th. HSA was done through payroll.

AtlantaTaxExpert
Mar 5, 2021, 09:16 AM
Contact the HSA custodian and arrange to have the excess contributions withdrawn.

This may have to be done through the payroll or HR department of your company.

Trishala Raj
Mar 6, 2021, 09:18 PM
Thanks. Appreciate your response.

AtlantaTaxExpert
Mar 6, 2021, 09:24 PM
Glad to help