I just have the "employer tax free contributions " for my HSA (no personal contributions, just my employer witholding). Do I still need to report that separately or is filling out the W2 enough? Just asking if I can skip the turbotax premium option.
02575
2 Replies
MayaD
Expert Alumni
Feb 7, 2024 4:52:53 PM
HSA contribution is reported in box 12 of your W-2 with the code W. You don't need to report it again on your return.
Mike9241
Level 15
Feb 27, 2024 10:49:42 PM
You do need to complete form 8889. if you don't the amount will be treated as taxable income and you won't be able to e-file. the form is in the same tab as the W-2 under less common income. The employer contributions will flow to line 9 of the form so you enter nothing on line 2