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This is my first year with a HSA. Should my employer report both their contribution and my contribution in Box 12 Code W, or should they just report my portion?

Forum|Forum|7 years ago
June 1, 2019
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My employer only reported my contribution on my W2. They did not report their contribution. Is this correct? I've done a few google searches and I find conflicting answers.

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Best answer by HelenaC

Your W-2, Box 12, Code W combines both employer and employee Health Savings Account (HSA) contributions.

Per IRS W-2 Instructions, https://www.irs.gov/pub/irs-pdf/iw2w3.pdf : Code W—Employer contributions to a health savings account (HSA). Show any employer contributions (including amounts the employee elected to contribute using a section 125 (cafeteria) plan) to an HSA. See Health savings account (HSA).

See the following TurboTax FAQ: Where do I enter my HSA contribution?

https://ttlc.intuit.com/replies/4557768

[Added IRS W-2 Code W support 1-24-17 5:54 am PST]

H

HelenaCAnswer

Employee

Your W-2, Box 12, Code W combines both employer and employee Health Savings Account (HSA) contributions.

Per IRS W-2 Instructions, https://www.irs.gov/pub/irs-pdf/iw2w3.pdf : Code W—Employer contributions to a health savings account (HSA). Show any employer contributions (including amounts the employee elected to contribute using a section 125 (cafeteria) plan) to an HSA. See Health savings account (HSA).

See the following TurboTax FAQ: Where do I enter my HSA contribution?

https://ttlc.intuit.com/replies/4557768

[Added IRS W-2 Code W support 1-24-17 5:54 am PST]