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Level 2
April 6, 2022
Question

hsa

  • April 6, 2022
  • 1 reply
  • 7 views

my husband contributed to his (family) hsa. has hdhp. Turned 65 in december and so medicare enrolled on Dec 1. W-4 codes hsa deductions as W - Employer contributions so not showing up on form 8889 , line 2 as employee contributions. Shows up on line 9, employer contributions. Problem seems twofold. Is he entitled to full years deduction or 11/12? Does company have the right code (W) and if so how do we get that onto line 2 on form 8889?

    1 reply

    Level 15
    April 6, 2022

    He is entitled to accept the full contribution made by his employer into his HSA before he retired.  Entering the code W in box 12 of the W2 will carry the amount to the proper form for you.  The interview will ask you some questions about his HSA later.  

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    Cindy77Author
    Level 2
    April 6, 2022

    TY. so i'm confused because his employer didn't make the contribution. it was deducted from his paycheck.

    Cindy77Author
    Level 2
    April 6, 2022

    also, he is not retired. but elected to enroll in medicare A. Entering W is taking it to the 'correct' line on the form if it was truly employer contribution but it is really employee contribution