MindyB
Expert Alumni
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Deductions & credits

You are correct, you can deduct this.  Be aware that payroll tax still applies when you make a personal contribution.  If you contributed via your paycheck, then it would be payroll tax free also. Just a note, in case you'd like to update your paycheck contributions in the future.

 

Here is how to navigate to make the entry:

 

  1. Click on Federal Taxes,  Deduction & Credits
  2. Choose HSA, MSA Contributions
  3. Continue until you see a page titled "Let's enter (your name's) HSA contributions" which will show any deductions already computed from your W-2 in a box that is greyed out, and another box for contributions you personally made.  
  4. Enter the amount you personally made.

For some more information, see Basics of Health Savings Accounts

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