Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 5, 2023 5:00:11 PM

Why does the HSA Employer contribution amount differ from what I actually received in my HSA account?

The account activity for my HSA shows that my employer added about five hundred dollars less than what they have entered into box 12 Code W.

0 2 257
2 Replies
Expert Alumni
Mar 5, 2023 6:23:28 PM

You should definitely contact your employer about the discrepancy- sometimes there is a lag in reporting due to the dates (for example if there is a Cafeteria Plan with a different benefit year) , but the HSA contributions should align with the calendar year.

New Member
Mar 5, 2023 7:48:08 PM

I think that amount on box 12 Code W. also includes your /employee's contribution to HSA through your employer.