mkla
Level 2

HSA with a K-1 statement

I just want to confirm that I am doing this correctly.  I receive a K-1 statement in a partnership. 2021 was the first year I participated in a family HSA.  I contributed $5,200 through paycheck withdrawals. My employer contributed the remaining $2,000, for a total of $7,200 for the year.

 

Since I did not receive a W-2, there is no entry in "2021 employer and payroll contributions"

I plan on entering $5,200 in the next box "Any contributions you personally made (not through your employer"

 

Is that correct? I'm assuming that I do no enter the combined $7,200 there, but please correct me if I'm wrong.

 

The $2,000 from my employer is included in my imputed income reported on K-1. I assume I do not report this anywhere specifically in TurboTx, (eg, in the HSA section) correct?