I withdrew money from my HSA several years ago triggering a 1099-SA. But i'm a dufus–this year, the HSA website confused me, and I thought that old form was the current one.
So I entered the same form this year on my tax software. After realizing that a "distribution" means taking money out, I realized it was the wrong form–and after fixing the error, this year's taxes dropped significantly! Like $1k.
And yup i made the same error last year—that means I probably overpaid taxes.
If so, what is the process for getting a refund?
To clarify, I haven't withdrawn money from my HSA in several years.
I overpaid taxes last year, can i get a refund?
byu/bestjaegerpilot intax
Posted by bestjaegerpilot
3 Comments
File correct tax returns. If mistakes were made in previous tax returns correct them.
You file amended returns for impacted years reporting the corrected information and explaining on the amendments what changes were needed.
Yes, you can amend taxes up to three years back.