HSA employer contributions incorrectly listed as excess

Forum|Forum|1 year ago
January 29, 2025
1 reply
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I went through the HSA interview and correctly inputted my employer's HSA contribution with code W into my W-2. That is the only contribution and I know it is below my limit. However, Turbotax is listing it as "taxable employer contributions" instead of tax-free. The "tax-free employer contributions" is listed as 0.00 in the chart at the end of the interview. I know all of the contribution is tax free. How can I change it so it is correctly inputted by Turbotax?

Thank you!

TurboTax Deluxe Online

Bsch4477

Employee

In order to remove the additional income attributable to "Code W" which is the health savings plan indicator, you need to answer the questions regarding the HDHP (High Deductible Health Plan).

Please follow these steps after you sign into your account:

Select the Tab that labeled Personal or Federal
Select Deductions and Credits
Scroll down to the Medical Section
Click on 1099-SA, HSA, MSA
Select HSA
Continue until you arrive at the screen that asks, "Were you covered by a High Deductible Health Plan (HDHP) in 2019
You respond yes and continue to update.