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July 6, 2020
Question

In 2018 we show $1500 in HSA, MSA contributions, but for 2019 that amount is 0.00 Why?

  • July 6, 2020
  • 1 reply
  • 0 views
We were both working the same job, benefits etc.

1 reply

VictoriaD75
July 7, 2020

Review your W-2. Amounts contributed to HSA accounts through your employer should be reported in box 12 with code W. If you made contributions outside of payroll deductions, they must be entered separately.

 

In 2019, the contribution limits are $3,500 and $7,000 respectively for self-only and family plans.

 

Under the Deductions & Credits menu, confirm the following:

  • Expand the menu for Medical
  • Click Start/Revisit next to HSA, MSA Contributions
  • Confirm the account ownership and click Continue
  • Continue in through the screens until you reach Let's enter your HSA contributions
  • Stop here. If all of your contributions were through payroll deductions and reported on your W2, do not enter anything on this screen. If that is the case, either leave the box empty or type $0 in the box next to Any contributions you personally made
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