You'll need to sign in or create an account to connect with an expert.
A High Deductible Health Plan is a normal insurance policy, whose deductibles are higher than normal. The premiums that your employer pays for this plan can be found with code DD in box 12 of your W-2.
Any contributions that your employer makes to your HSA, as well as any contributions that you make through payroll deduction, can be found with code W in box 12 of your W-2. This code W amount is called the "employer's contribution" (yes, even though you contributed some of it through payroll deduction). Once you have entered your W-2, no part of the code W amount should be entered elsewhere in the HSA interview.
Any amount that you contributed to your HSA directly (i.e., NOT through your employer) is called a "personal" contribution and this should be entered separately in the HSA interview.
Now that you understand this, could you rephrase your question?
A High Deductible Health Plan is a normal insurance policy, whose deductibles are higher than normal. The premiums that your employer pays for this plan can be found with code DD in box 12 of your W-2.
Any contributions that your employer makes to your HSA, as well as any contributions that you make through payroll deduction, can be found with code W in box 12 of your W-2. This code W amount is called the "employer's contribution" (yes, even though you contributed some of it through payroll deduction). Once you have entered your W-2, no part of the code W amount should be entered elsewhere in the HSA interview.
Any amount that you contributed to your HSA directly (i.e., NOT through your employer) is called a "personal" contribution and this should be entered separately in the HSA interview.
Now that you understand this, could you rephrase your question?
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
eagrant53
New Member
nwhite2397
New Member
Alex3
Level 2
Romper
Level 5
Romper
Level 5
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.