HelenC12
Expert Alumni

Deductions & credits

You would only make an entry to report HSA contributions if you made them outside of payroll. You would have a bank deposit slip, you could look at your account or call your bank to find out how much you deposited. 

 

If you do your HSA contributions through payroll, all you need to do is enter your W-2 in TurboTax. You don't need to determine how much your employer paid in and how much you paid in.  

  • Your HSA contribution is reported in Box 12 of your W-2 with the code W (Company Contributions to Health Savings Account).

Tip: Code W actually reports the combined contribution – yours plus your employer's. So if you contributed $1,500 to your HSA and your employer matched it dollar for dollar, Box 12 on your W-2 would show $3,000 with a code W.


 

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