topic Re: Employer issued a wrong code under Box 12 on W2 in Get your taxes done using TurboTax

Employer issued a wrong code under Box 12 on W2

alau210 — Wed, 11 Feb 2026 08:49:18 GMT

Hello, my employer issued a W2 that has an incorrect code under Box 12. They have code the contributions that I put into my HSA as employer contribution (Code W). However, the amount were taken out of my pay and was not a contribution from the employer. The HSA administrator has issued a Form 5498-SA that shows my contribution as well. In this case, do I still need to wait for my employer to correct my W2 or can I go ahead and file?

Re: Employer issued a wrong code under Box 12 on W2

dmertz — Mon, 08 Apr 2024 01:35:04 GMT

The W-2 is correct. All amounts contributed through your employer, including those made from your pay, are considered to be employer contributions because your employer excludes the code-W amount from your wages reported in box 1 of your W-2. Do not enter these contributions as personal contributions.

Re: Employer issued a wrong code under Box 12 on W2

alau210 — Mon, 08 Apr 2024 04:58:32 GMT

I see.. that makes sense. Thanks for the clarification!