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New Member
posted Jan 30, 2026 6:46:24 PM

HSA

question on HSA - on the W2 form, Box 12 Code W reports the amount of HSA for the year - it seems that TurboTax is not treating this amount as tax-deferred, it is treating it as taxable income, and increases my tax liability - is this an error?

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1 Replies
Level 15
Jan 30, 2026 7:02:06 PM

The amount in box 12 has already been deducted from your income so you have already received the tax benefit.