If all the contributions you made are shown in box 12 of your W-2, they will be considered before-tax contributions, which means you will not get a deduction for contributing to a Health Savings Accounts (HSA). This also means you do not get a deduction for the medical expenses you paid using the HSA funds.
However, if you made after-tax contributions to an HSA, you can get a deduction that will show on line 25 of your 1040. You can enter after-tax contributions in TurboTax by following these steps:
- Log in to your return, and select "take me to my return"
- Select "Federal" on the navigation panel located on the left.
- Click on "Deductions and credits" on sub-tab located on the top of your screen.
- Scroll down to "all tax breaks" and click "show more" next to "Medical".
- Select "star or edit" next to "HSA, MSA contributions".
- Follow through the prompts, when you get to the screen that says Enter Your HSA Contributions, you can put additional contributions made after-tax from your own funds (take-home pay, savings, etc.) as All Other Contributions
- This page will automatically pull in your W-2 contributions from you and your employer that were pre-tax
- Complete the rest of the related interview questions
Steps by TurboTaxMichaelDC
[Edited, 1.29.18 | 5:50pm ET]
