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Level 3
posted Apr 1, 2024 11:52:39 AM

HSA Employee Contribution vs Employer Contribution

I have submitted my tax return using Turbo Tax. I have one question.

I see the $ amount under Box 12 code W – Employer contributions to Health Saving Account. It does not show the amount that I contributed to the HSA account. Do I need to add my contributed amount to Form 8889 and resubmit the amended tax return? 

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1 Replies
Expert Alumni
Apr 1, 2024 12:01:53 PM

The amount you contributed to your HSA through payroll deductions is already included in box 12 of your W-2, code W.

 

If you contributed directly an additional amount by paying into the HSA, then you have to report that amount separately and get a tax deduction. Only in this case, will you need to amend your tax return.