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Form W-2 Line 12 Code W for HSA contributions is less than amount reported on Form 5498-SA Line 2
A friend made HSA contributions during 2018 of $5,200. They show on his W-2 on line 12 Code W. His Form 5498-SA on line 2 shows $6,200. The difference of $1,000 represents 4 cash "rebates" of $250 deposited to his HSA during 2018 coded as "United Health Care Motion Reward" on his HSA annual history report. Evidently he gets deposits made to his HSA for the amount of time he spends on a company treadmill.
Has anyone else seen this situation? And how does one handle it tax wise? I can't seem to find anyone yet that has any answers to this situation.
Any help would be greatly appreciated....
‎February 11, 2019
9:19 PM