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Significantly more was contributed to my HSA during 2021 than what is listed in box 12 with code W- should I request a corrected W2?

Forum|Forum|4 years ago
February 5, 2022
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Only what I contributed is listed, not what my employer contributed ($1,083.47 more than my contribution).

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Best answer by AnnetteB6

No, you do not need to request a corrected W-2.

As you go through the Health Savings Account (HSA) section of your return, watch for the screen titled 'Did your employer tell you about any other contributions?'

Answer 'yes' and some fields will open where you can enter 'Employer and payroll contributions not reported in Box 12 of your W-2'. This is where you will enter the contributions to the HSA that were made by your employer.

This screen should pop up just after the one where you could enter your own personal contributions outside of payroll deductions.

A

AnnetteB6Answer

No, you do not need to request a corrected W-2.

As you go through the Health Savings Account (HSA) section of your return, watch for the screen titled 'Did your employer tell you about any other contributions?'

Answer 'yes' and some fields will open where you can enter 'Employer and payroll contributions not reported in Box 12 of your W-2'. This is where you will enter the contributions to the HSA that were made by your employer.

This screen should pop up just after the one where you could enter your own personal contributions outside of payroll deductions.

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M

Mike9241

if your employer contributed to your HSA that should be included in code W. request a corrected w-2.

you should have also gotten a form 5498-SA for the total contributions made.

from IRS instructions for line 9 for form 8889 - HSA - employer contributions

Employer contributions (including contributions through a cafeteria plan) include any amount an employer
contributes to any HSA for you for 2021. These contributions should be shown in box 12 of Form W-2 with code W.

from w-2 instruction line 12 code W

W—Employer contributions (including amounts the employee elected to contribute using a section 125 (cafeteria) plan) to your health savings account. Report on Form 8889, Health Savings Accounts (HSAs).

if the 5498-SA amounts don't match expect an IRS inquiry.