In a HSA also a MSA?

bare8569 — Sat, 01 Jun 2019 05:04:31 GMT

i contributed money to a HSA. can i enter that in the MSA section? i do not see where i enter the HSA contribution amounts.

HSA and MSA are similar but not the same. See IRS link ht...

PaulaM — Sat, 01 Jun 2019 05:04:32 GMT

HSA and MSA are similar but not the same. See IRS link https://www.irs.gov/pub/irs-pdf/p969.pdf

HSA - On your W-2, the Box 12 code W amount includes both the employer and employee pre-tax contributions, including incentives. If you contributed to your HSA only through payroll deductions, do not enter them anywhere else in TurboTax.

However, if your made after-tax contributions on your own (independent of your employer), then those contributions would be entered. You would have to enter them to calculate a deduction. Enter under the Medical section.

On your HSA summary page, you will see Tax-free employer contributions, but it means both employer and employee contributions in total. It is just how the IRS codes it (Box 12 W)

topic In a HSA also a MSA? in Deductions & credits

In a HSA also a MSA?

HSA and MSA are similar but not the same. See IRS link ht...