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I contributed to my HSA pre-taxed through my employer (W-2, box 12, W). When I completed the HSA Summary section, why did the amount of my refund increase?

No additional contributions outside of my employer were made, no withdrawals in 2022, and no over contribution.
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2 Best answer

Accepted Solutions
dmertz
Level 15

I contributed to my HSA pre-taxed through my employer (W-2, box 12, W). When I completed the HSA Summary section, why did the amount of my refund increase?

Until you complete the HSA section to indicate your eligibility to contribute to an HSA, TurboTax treats the HSA contribution made through your employer as an excess contribution subject to a 6% excess contribution penalty.  Once you completed that section, TurboTax removed the penalty, resulting in the increase in your refund.

View solution in original post

I contributed to my HSA pre-taxed through my employer (W-2, box 12, W). When I completed the HSA Summary section, why did the amount of my refund increase?

That makes perfect sense.  Thanks dmertz for solving another tax question!

View solution in original post

2 Replies
dmertz
Level 15

I contributed to my HSA pre-taxed through my employer (W-2, box 12, W). When I completed the HSA Summary section, why did the amount of my refund increase?

Until you complete the HSA section to indicate your eligibility to contribute to an HSA, TurboTax treats the HSA contribution made through your employer as an excess contribution subject to a 6% excess contribution penalty.  Once you completed that section, TurboTax removed the penalty, resulting in the increase in your refund.

I contributed to my HSA pre-taxed through my employer (W-2, box 12, W). When I completed the HSA Summary section, why did the amount of my refund increase?

That makes perfect sense.  Thanks dmertz for solving another tax question!

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