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New Member
posted Mar 3, 2020 1:39:58 PM

When I entered my HSA contribution which is a combo of employee + employer, my taxes due for FED jumped up by 1K. What happened? I thought this was pre-tax funds?

This is the W2 entry for section 12, item W.

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2 Replies
Level 15
Mar 3, 2020 1:51:22 PM

Keep going.  The HSA contributions are deemed taxable income by Turbotax until you finish the interview and tell the program that you had qualifying insurance.  I believe this will come up at the end of the W-2 interview, and it can also be accessed from the 1099-SA section on the income page and the HSA section on the Deductions page. 

New Member
Mar 3, 2020 2:05:13 PM

Thank you.  I just found that answer elsewhere too.  🙂