Form 5329 Line 48 - Common questions about form 5329 retirement plan taxes in proconnect tax. Shouldn't it be shown as an excess employer contribution withdrawn instead? I filed form 5329 in 2020 and have an amount in line 48. In this article, you'll find answers to frequently asked questions on retirement plan taxes (form 5329). Web enter the amount from line 48 of your 2022 form 5329 only if the amount on line 49 of your 2022 form 5329 is more than zero. I overfunded my hsa 2020 by employer deductions from my paycheck because i had two employers they didn't notice. Solved•by intuit•updated december 20, 2023. Line 43 if contributions to your hsas for 2023 (line 2 of form 8889, health savings accounts (hsas)) were less than your contribution limit for hsas, enter the difference on line 43. What's new for form 5329 for tax year 2023: Web turbotax, shows line 48 of my 2020 form 5329 as a deduction.
Common questions about form 5329 retirement plan taxes in proconnect tax. I overfunded my hsa 2020 by employer deductions from my paycheck because i had two employers they didn't notice. Web turbotax, shows line 48 of my 2020 form 5329 as a deduction. Solved•by intuit•updated december 20, 2023. Web enter the amount from line 48 of your 2022 form 5329 only if the amount on line 49 of your 2022 form 5329 is more than zero. In this article, you'll find answers to frequently asked questions on retirement plan taxes (form 5329). Shouldn't it be shown as an excess employer contribution withdrawn instead? I filed form 5329 in 2020 and have an amount in line 48. What's new for form 5329 for tax year 2023: Line 43 if contributions to your hsas for 2023 (line 2 of form 8889, health savings accounts (hsas)) were less than your contribution limit for hsas, enter the difference on line 43.