Do HSA contributions lower income for Affordable Care Act/Obamacare?

[Anonymous]

I have a question regarding HSA contributions, specifically those that show up on line 12 of my W-2.

Do these HSA contributions lower my income for the purposes of qualifying for ACA/Obamacare?

Since these contributions appear in line 12 of the W-2, are they considered MY contributions or MY EMPLOYER'S contributions?  I don't know if that is the right question, but I am seeing those two terms used interchangeably in discussions.

I just don't want to possibly go over the threshold for qualifying for ACA since I am borderline.

Thank you!

[MinhT1]

The HSA contributions (both the employer's portion and your own contribution) are excluded from your wages reported in box 1 of your form W-2 and are de facto excluded from gross income used by the Marketplace to determine the premium tax credit. 

[Anonymous]

Okay, so if I also made traditional IRA contributions, that amount would also automatically subtract from what appears in Box 1?  

In other words, I don't have to subtract it out myself.... what the IRS looks for as to qualifying for ACA is exactly what appears in Box 1, with both IRA and HSA contributions subtracted?  

[AmeliesUncle]

Traditional IRAs are typically not taken out of your paycheck.  But if you mean something like a 401k (or some other employer retirement plan), yes, that amount has already been subtracted from Box 1 of your W-2 (and there is usually some indication in Box 12 that shows the amount that you contributed to the employer retirement plan).

[Anonymous]

All right, thank you to you both.