HSA is a little confusing. I put the whole amt for the year that I contributed correect?

[HelenaC · Accepted solution]

Yes, the entire amount contributed is reported in the year contributed. However, it depends how you paid the monies into your Health Savings Account (HSA).

1. 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. 

2.  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. 

See the screenshot below.

Related Information:

• Where do I enter my HSA contribution?
• What is a health savings account (HSA)?
• Why is my HSA distribution taxable?