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W2 12c-W reports full HSA contribution as employer contribution
I am using Home and Business 2021 TurboTax. I noticed that the HSA contribution in W2 is reported under 12c with code W which is stated as an employer contribution. Total HSA contribution for 2021 was $7200 out of which $1500 was contributed by employer and remaining $5600 was employee contribution.
The Tax Due amount increases if I let all of HSA amount $7200 reported under 12c as W - employer contribution. If I report it as $1500 - actual employer contribution then my Tax Due amount decreases, as expected.
Is this W2 issue that employer needs to fix or TurboTax 2021 issue?
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‎December 28, 2021
10:41 AM