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Fixing a rollover marked as a contribution

Your rollover got labeled as a new contribution? Here's how to fix the category.

When this happens

You moved funds from an old HSA into this one as a rollover, but the deposit got categorized as a New Contribution instead. This can happen if the wrong option was selected during the deposit, or if the source of the funds wasn't specified.

Why it matters

A rollover doesn't count toward your annual contribution limit, but a New Contribution does. If your rollover is mislabeled, the system thinks you contributed more than you actually did this year, which can incorrectly push you toward (or over) your annual limit.

To fix it

  • Select the New Contribution in question under Transactions

  • Recategorize it as a Rollover

  • Enter the amount

  • Enter the rest of the required details and submit

Once corrected, this is reflected on the tax forms sent at the beginning of April. If nothing needs correcting, you can file your taxes any time.

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