How does Turbo Tax account for a reduction of Social Security taxes due to a payment to your HSA outside of the employer-sponsored plan?
Contributing to your HSA outside of the employer sponsored plan does not reduce Social Security taxes.
However, your contribution outside of work will be reported on your return and reduce your income.
To enter this in TurboTax, follow these steps:
Contributing to your HSA outside of the employer sponsored plan does not reduce Social Security taxes.
However, your contribution outside of work will be reported on your return and reduce your income.
To enter this in TurboTax, follow these steps: