- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
In most cases, your HSA contribution has already been reported in Box 12 of your W-2 with code W: Employer Contributions to Health Savings Account.
Despite the misleading name, code W reports both your and your employer's contribution. (If you think the name is confusing, think of it as just "Contributions to Health Savings Account".)
If you put $1,500 in your HSA during 2016, and your employer matched your contribution, your W-2's Box 12 should have the amount of $3,000 with a code W.
If you contribute to your Health Savings Account (HSA), outside of Payroll, with after-tax monies, TurboTax will ask about that when you step through the Medical section.
To enter your HSA contribution:
- Type HSA in the search box and click search.
- Click on Jump to HSA.
- Continue with the onscreen interview.
- On the Did you put money into an HSA in 2016? screen, answer Yes.
- On the Let's enter your HSA contributions screen, enter the HSA contribution in the Any contributions you personally made (not through your employer) box.
See the screenshot below.
Related information: