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March 28, 2021
Question

Why are my HSA contributions (box 12) not showing up in turbo tax?

  • March 28, 2021
  • 1 reply
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Are my personal contributions the amount i contribute monthly from paychecks?

1 reply

March 28, 2021

NO!  

 

it is confusing, but personal contributions are what you sent in directly (i.e. outside your paycheck)

"Employer" contributions are what shows in Box 12 of your W-2 (even though it is your money being withheld!!)

 

Box 12 is not going to 'show up' anywhere on your tax return because it was already deducted from Box 1 wages on your w-2, so you already got the deduction by reporting lower wages!

 

confusing, but does that make sense?