
Anonymous
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Do HSA contributions lower income for Affordable Care Act/Obamacare?
I have a question regarding HSA contributions, specifically those that show up on line 12 of my W-2.
Do these HSA contributions lower my income for the purposes of qualifying for ACA/Obamacare?
Since these contributions appear in line 12 of the W-2, are they considered MY contributions or MY EMPLOYER'S contributions? I don't know if that is the right question, but I am seeing those two terms used interchangeably in discussions.
I just don't want to possibly go over the threshold for qualifying for ACA since I am borderline.
Thank you!
‎February 26, 2021
9:37 AM