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Is there a way to add Box 12 amount for S code. Dollar amount doesn't show up as HSA contribution?

Forum|Forum|7 years ago
June 4, 2019
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I have typed an amount I for Box 12 code S but doesn't show up as a contribution when answering questions about HSA .

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Best answer by BillM223

Code S in box 12 on your W-2 is not for an HSA, it is for a SIMPLE retirement plan. The HSA code is W.

"Code S—Employee salary reduction contributions under a section 408(p) SIMPLE plan. Show deferrals under a section 408(p) salary reduction SIMPLE retirement account. However, if the SIMPLE plan is part of a section 401(k) arrangement, use code D. If you are reporting prior year contributions under USERRA, see the TIP above Code D in Box 12—Codes. " See https://www.irs.gov/pub/irs-pdf/iw2w3.pdf

B

BillM223Answer

Code S in box 12 on your W-2 is not for an HSA, it is for a SIMPLE retirement plan. The HSA code is W.

"Code S—Employee salary reduction contributions under a section 408(p) SIMPLE plan. Show deferrals under a section 408(p) salary reduction SIMPLE retirement account. However, if the SIMPLE plan is part of a section 401(k) arrangement, use code D. If you are reporting prior year contributions under USERRA, see the TIP above Code D in Box 12—Codes. " See https://www.irs.gov/pub/irs-pdf/iw2w3.pdf

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