> For an HSA contribution to be treated as nontaxable and not subject to penalty, you must complete the HSA section of TurboTax to establish your eligibility for the HSA contribution. If you are married filing jointly, make sure that you have associated with the correct spouse the W-2 that shows the code-W amount and the entries in the HSA section.
Actually, it is not possible to make any changes there in the HSA, MSA Contributions section when W-2 was uploaded.
In the section HSA, MSA Contributions I can do the following:
1. Checkboxes for HSA accounts. I have one account on my name
2. Box 1 amount (distributions) from 1099-sa, editable field
3. Question about HSA account inheritace, answer no
4. Page with information from W-2. Number from box 12 of W-2. The number is not editable. But it is correct. Editable field for personal contribution. I have 0 here.
5. The question Did your employer tell you about any other contributions?, answer No
6. A few more questions with answers No.
7. The strange page: You may want to withdraw money from your HSAs. "It looks like you has an excess contribution" with the number from W-2 box 12 code W. "This amount is being taxed an extra 6%" and following options:
7.1 Withdraw by April 14 2024
7.2 Withdraw partially
7.3 No, we are not going to withdraw (selected).
8. Total HSA value, editable field. Also strange question as this must not affect taxes at all.
Then the page with results:
Deduction $0
Total distributions [Number from 1099-sa]
Taxable distributions $0
Taxable earnings on excess contributions $0
Taxable employer contributions [Number from W-2 box 12 code W]
Tax-free employer contributions $0
Excess employer contributions withdrawn $0
I did not file taxes with TurboTax last year.
