Question

How do I show that my company did not contribute to my HSA. I was the only one who contributed up to the full amount allowable for 2021 for 65+ ages?

Forum|Forum|3 years ago
October 18, 2022
2 replies
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how do I show my HSA contributions?

TurboTax Deluxe Online

Employee

if there is a code W in box 12 of your W-2 that represents your contributions to the HSA. buy law your contributions taken out of your paychecks must be reported as employer contributions. to make up for this your taxable wages, box 1 of the w-2 should have been reduced by the amount you contributed.

Critter-3

The HSA is handled in 3 parts in the TT program :

https://ttlc.intuit.com/community/health-care/help/what-is-a-health-savings-account-hsa/00/25765

First the contribution:

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-hsa-contribution/00/26492

https://turbotax.intuit.com/tax-tips/health-care/what-is-the-irs-form-8889/L8hRNHx4o

Next the limitations screen to confirm you are eligible to make the contributions:

Until you complete the HSA portion of the TurboTax interview to establish your eligibility for an HSA contribution, TurboTax will treat the amount entered on the W-2 form as an excess HSA contribution.

https://ttlc.intuit.com/community/health-care/help/why-am-i-showing-an-excess-hsa-contribution/00/26610

And lastly any distribution:

https://ttlc.intuit.com/community/health-care/help/why-is-my-hsa-distribution-taxable/00/26609