Timeline for What happens if you violate an IRS limit by less than 50 cents?
Current License: CC BY-SA 4.0
7 events
when toggle format | what | by | license | comment | |
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Jul 28, 2022 at 20:28 | comment | added | user26460 | My HSA is like online banking. I can withdraw/spend anytime with relative ease. When I withdraw, I have the option to upload corresponding documents that show it is for reimbursement for qualified medical expenses in case of future audit. Simply withdraw it. If you feel you must, you can type and sign a letter explaining the withdraw is to undo the misappropriation. | |
Mar 10, 2022 at 22:02 | comment | added | Aganju | You could simply contribute 8 (or 9) cents less next year (=2022), and apply the existing overcontribution to the next year (should be an option on the HSA provider's website). That way, you still owe the penalty (probably a shocking amount of 0 or 1 cent) for the one year, but you would be done with it after that. | |
Mar 10, 2022 at 15:00 | history | tweeted | twitter.com/StackFinance/status/1501935918143340553 | ||
Mar 10, 2022 at 10:12 | history | became hot network question | |||
Mar 10, 2022 at 6:42 | answer | added | littleadv | timeline score: 15 | |
Mar 10, 2022 at 3:01 | answer | added | Ben Miller | timeline score: 36 | |
Mar 10, 2022 at 2:11 | history | asked | ShadowRanger | CC BY-SA 4.0 |