Why is HSA deduction not being taken? W2 shows $4,077, deduction was taken last year, but not this year, Income did go up, but I can't see any other change. thanks

robbytomtom — Mon, 03 Jun 2019 17:38:26 GMT

The way HSA contributions work is this: When the HSA cont...

BMcCalpin — Mon, 03 Jun 2019 17:38:28 GMT

The way HSA contributions work is this:

When the HSA contributions comes through your employer (code W in box 12 of your W-2), whether made by you through payroll deduction or your employer, the code W amount is removed from Wages in boxes 1, 3, and 5 on your W-2 before the W-2 is even printed. This is why you don't see a "deduction" on your return - the HSA contribution was never in your income in the first place.

If you make a direct contribution to your HSA (i.e., not through your employer), then this amount is reported as an adjustment to gross income (i.e., a deduction) on line 25 on Schedule 1 (Form 1040).

So either you contributed to your HSA in a different way this year than last year, or your prior return was not completed correctly.

topic Why is HSA deduction not being taken? W2 shows $4,077, deduction was taken last year, but not this year, Income did go up, but I can't see any other change. thanks in Deductions & credits

Why is HSA deduction not being taken? W2 shows $4,077, deduction was taken last year, but not this year, Income did go up, but I can't see any other change. thanks

The way HSA contributions work is this: When the HSA cont...