- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
OK, let's ignore the 1099-SA. All it is saying is that you spent $7,302.71 on medical expenses (I hope they were all qualified medical expenses).
I am going to assume that you made a typo when you typed "it shows $700". Based on your code W entry on your W-2, it should have been $7,000.
Note that TurboTax rounds to the nearest dollar as soon as it get dollar amounts from you, so the "2019 W2 box 12 code W: $6,999.76" is actually $7,000.
This $7,000 is the total amount that your employer contributed to your HSA (if anything) PLUS whatever you contributed through payroll deduction (if anything).
When you entered your W-2, you entered your employer contribution (the amount in box 12 with a code of W).
Is it making more sense now?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 24, 2020
8:53 AM