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New Member
posted Jun 4, 2019 11:16:14 PM

Is the amount in Box 12 Code W included in the total income shown in boxes 1, 3 or 5?

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1 Best answer
New Member
Jun 4, 2019 11:16:15 PM

Not usually. In most situations, your employer's contributions to your HSA are excludable from your income, and therefore don't need to be shown as income, or wages on your W-2. 

However, all employer contributions to your HSA must be reported in box 12 of Form W-2, with the code "W." Your contributions, added to your employer's contributions, can't exceed the allowable maximum contributions for the year.

1 Replies
New Member
Jun 4, 2019 11:16:15 PM

Not usually. In most situations, your employer's contributions to your HSA are excludable from your income, and therefore don't need to be shown as income, or wages on your W-2. 

However, all employer contributions to your HSA must be reported in box 12 of Form W-2, with the code "W." Your contributions, added to your employer's contributions, can't exceed the allowable maximum contributions for the year.