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Level 2
February 12, 2022
Solved

My Employer said not to file my Tax until we have received our W-2C due to contributions not listed by them in the original W2. If I still file, will it be a problem?

  • February 12, 2022
  • 5 replies
  • 42 views
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Best answer by Critter-3

WAIT  for the corrected form ... otherwise you will need to amend the return later and those take MONTHS to process.  

 

The HSA is handled in 3 parts in the TT program :

https://ttlc.intuit.com/community/health-care/help/what-is-a-health-savings-account-hsa/00/25765

 

First the contribution:

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-hsa-contribution/00/26492

https://turbotax.intuit.com/tax-tips/health-care/what-is-the-irs-form-8889/L8hRNHx4o

 

Next the limitations screen to confirm you are eligible to make the contributions:

Until you complete the HSA portion of the TurboTax interview to establish your eligibility for an HSA contribution, TurboTax will treat the amount entered on the W-2 form as an excess HSA contribution.

https://ttlc.intuit.com/community/health-care/help/why-am-i-showing-an-excess-hsa-contribution/00/26610

 

And lastly any distribution:

https://ttlc.intuit.com/community/health-care/help/why-is-my-hsa-distribution-taxable/00/26609

5 replies

Critter-3
Level 15
February 12, 2022

"contributions" ?   What exactly are they changing ?  

Level 2
February 12, 2022

HSA Contributions from last year. They forgot to add that to the W2.

So, they said wait till you get the new W-2C.

Critter-3
Critter-3Answer
Level 15
February 12, 2022

WAIT  for the corrected form ... otherwise you will need to amend the return later and those take MONTHS to process.  

 

The HSA is handled in 3 parts in the TT program :

https://ttlc.intuit.com/community/health-care/help/what-is-a-health-savings-account-hsa/00/25765

 

First the contribution:

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-hsa-contribution/00/26492

https://turbotax.intuit.com/tax-tips/health-care/what-is-the-irs-form-8889/L8hRNHx4o

 

Next the limitations screen to confirm you are eligible to make the contributions:

Until you complete the HSA portion of the TurboTax interview to establish your eligibility for an HSA contribution, TurboTax will treat the amount entered on the W-2 form as an excess HSA contribution.

https://ttlc.intuit.com/community/health-care/help/why-am-i-showing-an-excess-hsa-contribution/00/26610

 

And lastly any distribution:

https://ttlc.intuit.com/community/health-care/help/why-is-my-hsa-distribution-taxable/00/26609