Box 12 - HSA Total

[sl-shadle]

When I got to box 12 section I added W, which is my Total HSA amount, this not only includes what my employer contributed, but my voluntary contribution as well.  How do I avoid double counting?

[HelenaC]

After you enter the W-2, don't add any other HSA contributions anywhere else in TurboTax. The W-2 Box 12, Code W is all that is required.

See this TurboTax FAQ for additional information: Where do I enter my HSA contribution?

Where do I enter my HSA contribution?

Where do I enter my HSA contribution?

In most cases, your HSA contribution has already been reported in Box 12 of your W-2 with code W: Employer Contributions to Health Savings Account.

Despite the misleading name, code W reports both your and your employer's contribution. (If you think the name is confusing, think of it as just "Contributions to Health Savings Account".)

If you put $1,500 in your HSA during 2016, and your employer matched your contribution, your W-2's Box 12 should have the amount of $3,000 with a code W.

Now, if you made HSA contributions not reported on your W-2 (this is uncommon), we'll ask about that when you step through the Medical section. Look for the questions Were HSA contributions made in 2016? or Do you need to make any adjustments to your HSA contribution amount? Answer Yes and we'll open a screen where you can enter that information.

Related Information:

• How do I fill out the Box 12 information from my W-2?
• Can I deduct medical costs paid through my HSA or MSA?