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W2 12c W value different from actual HSA contributions
Hi,
My W2 shows 3712.50 in Box 12c Code W.
My total HSA contribution has been $7200. Out of which my employer contributed $1500.
$7200 - $1500 = $5700 has been the employee (myself) contribution. Out of $5700, some amount was deducted outside of my paycheck.
When I uploaded my W2 to TurboTax, it did not read any numbers from the Box 12. So I entered those myself. While entering the Box 12c Code W, do I enter what my W2 shows which is 3712.5 or should I enter the full contribution i.e. 7200?
Also, do I have to make my employer send me a corrected W2 or it doesn't matter?
‎April 16, 2022
3:07 PM