JohnB5677
Expert Alumni

Retirement tax questions

 

First, let's make sure everything is cleared out.  You should delete the W-2 and also any supporting HSA documents.

 

There are two ways to clear entries from your return.

The first thing to try is to go into the section that has the form  (Less Common Income)

  1. Select the entry that you want to clear. 
  2. On the right hand side there is a trash can. 
  3. Select the trash can and confirm you want to delete that form.

 To Delete a form:

  1. On the menu bar on the left that shows.
    1. My Info
    2. Federal
    3. State
    4. Review
    5. File
  2. Select Tax Tools
  3. On the drop down select Tools
  4. On the Pop-Up menu select Delete a Form
  5. This will give you all of the forms in your return
  6. Scroll down to the form you want to delete
  7. Select the Form
  8. Click on Delete.

Always use extreme caution when deleting from your tax return.  There could be unintended consequences.

 

Re-enter the W-2.  If it includes the total amount that was deposited to the HSA you are not going to enter it again in the HSA section.  Payroll HSA contributions are completely covered on the W-2 Box 12 code W.  If you write a check and deposit it to the HSA it would be posted to.

  1. Deductions & Credits
  2. Medical
  3. HSA

This will correctly post deduction for the HSA.

 

You will then post the HSA distribution  (Form 1099-SA).

  1. Deductions & Credits
  2. Medical
  3. HSA

Be sure to answer Yes you used it for medical expenses.

 

 

 

 

 

 

@swburkham

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