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Deductions & credits
No, that question about personal contributions is ONLY for amounts that you directly sent to the HSA custodian, NOT through your employer. Once you have entered your W-2, you DO NOT enter the code W amount anywhere else on the return. TurboTax will take care of it.
Code W is the sum of the amounts that your employer made to your HSA added to the amounts you paid by means of payroll deduction.
Next, the code C in box 12 of the W-2 is for the cost of life insurance in excess of $50,000 - your employer can deduct the premium for only the first $50,000, all life insurance above that, you pay for with a deferral.
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‎February 7, 2025
4:05 PM