- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
HSA entry increases tax
In turbtax why is my taxes owed increasing when I enter box 12 on my w2? Here are some of the details:
1. your HDHP coverage (Family or Self)- Self
2. your spouse's HDHP coverage - None he has traditional health insurance
3. your code W amount on the W-2 $3550
4. your spouse's code W on the W-2 none
5. your direct contributions to the HSA (not through the employer) $0
6. your spouse's contributions to the HSA (not through the employer) $0
7. any carryover of excess contribution from 2017 for either of you $0
March 2, 2021
11:42 AM