IRS audit help -1099-SA differences?
Asked by: emeka22uche
Hello – Received a notice from the IRS that a financial institution reported to them that I received a distribution from an HSA to the amount of $ 5,549. However, the 1099-SA form that I received from that institution indicates a distribution of $ 1,249. In short, the IRS is telling me that due to the difference, I own them over 2K in back taxes.
Was wondering if anyone had experience with such matters and might know the best course of action I should take, and how there could be such a large difference between my 1099-SA and what the IRS has?
How others found here:
- 1099s vs 1099sa
- form 5498-sa vs 1099-sa
- hsa audit