HI I contribute to my HSA I get a 1700.00 incentive for doing a risk assessmen. In the HSA portion of deductions it shows 3800.00 contribution by my employer not the 1700

pashaghorashy — Thu, 06 Jun 2019 10:39:12 GMT

I am showing no deduction for HSA how do I do that. I contribute 200.00 a month pre-tax to HSA
In order to reduce my taxable income can I contribute more to my HSA before April 18 2017 for 2016 tax?? to reduce my taxable income?

The amount reported on your W-2 in Box 12 with code W inc...

AnnetteB — Thu, 06 Jun 2019 10:39:13 GMT

The amount reported on your W-2 in Box 12 with code W includes both your contributions to the Health Savings Account (HSA) and any contributions made by your employer on your behalf. You will not see a deduction on your tax return for that amount because the money contributed was pre-tax.

It is possible to make an after-tax contribution to your HSA prior to the due date of your tax return in order to reduce your taxable income. However, you should be careful to stay under the contribution limit for the HSA depending on your particular type of High Deductible Health Plan (HDHP) coverage, your age, and the months that you were covered by the HDHP.

TurboTax can give you some guidance with this in the HSA section of your return. When you go through this section you will see a screen that asks if you made any contributions personally, not through your employer. This is where you will enter any contributions that you have made or plan to make by the due date of your return.

Use the following steps to go directly to the HSA section of your return:

On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “hsa” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to hsa”
Click on the blue “Jump to hsa” link

topic HI I contribute to my HSA I get a 1700.00 incentive for doing a risk assessmen. In the HSA portion of deductions it shows 3800.00 contribution by my employer not the 1700 in Deductions & credits

HI I contribute to my HSA I get a 1700.00 incentive for doing a risk assessmen. In the HSA portion of deductions it shows 3800.00 contribution by my employer not the 1700

The amount reported on your W-2 in Box 12 with code W inc...