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New Member
posted Apr 15, 2024 7:15:22 PM

Health Savings Account

When I enter my personal contributions my taxes owed goes up instead of down. What's up with that?

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1 Replies
Expert Alumni
Apr 15, 2024 7:20:20 PM

You have to go all the way through the HSA interview.   If your contribution were in Box 12 with a code W on your W-2 - - do not enter them again.   You only enter HSA contributions you made outside your payroll deductions - - which is extremely rare.   Go back through the interview - don't re-enter contributions from your w-2 and answer the questions about your HDHP plan.