Where can you input hsa payroll deductions or contributions, and 529 contributions into turbotax?

[BillM223]

HSA contributions made through the employer appear in box 12 with a code of W. Note that these are not necessarily contributions made by the employer but could include employee contributions as well. The point is that these contributions all came through the employer.

So when you enter the W-2, you have entered the "employer" HSA contributions.

If you want to enter "personal" HSA contributions, that is contributions made directly to the HSA not through the employer, then in the HSA interview, on the screen titled "Let's enter [name]'s HSA contributions", the second line is for "personal" (that is, direct) contributions. Note that the first line is the "employer" contribution from the W-2.

The 529 contribution is not entered on the federal return, because it is not deductible on the federal return. But some states might allow you to enter it and deduct it.

[LindaS5247]

You can add any HSA contributions not reflected on your Form W-2 in TurboTax as follows: 

1. Click on Search at the top right of your TurboTax screen
2. Type HSA in the search box
3. Click on the link that says Jump to HSA
4. Follow your TurboTax screens until you see the screen that says Let's enter your HSA Contributions
5. In the box that says Contributions that XXX made (not through your employer) enter the amount of your personal HSA contributions
6. This should properly record your personal HSA contributions. Answer all follow-up screens.

Click here for What is a health savings account (HSA)?

Click here for Basics of Health Savings Accounts

Please return to Community if you have any additional information or questions and we would be happy to help.