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Level 2
March 29, 2020
Question

Entering HSA ti Deductions & Credits

  • March 29, 2020
  • 1 reply
  • 19 views

When I enter information from W-2, there is a note "Be sure to add HSA into Deductions & Credit"  Where exactly do I enter this and why doesn't program automatically do this?

    1 reply

    Critter
    Level 15
    March 29, 2020

    The HSA is handled in 3 parts in the TT program :

     

    First the contribution:

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

    https://ttlc.intuit.com/replies/4785646

     

    Next the limitations screen to confirm you are eligible to make the contributions:

    Until you complete the HSA portion of the TurboTax interview to establish your eligibility for an HSA contribution, TurboTax will treat the amount entered on the W-2 form as an excess HSA contribution.

    https://ttlc.intuit.com/replies/4788059

     

    And lastly any distribution:

    https://ttlc.intuit.com/replies/4787864