Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
toomuchtaxpayer
New Member

Why doesn't TurboTax catch that I entered high deductible health insurance premiums on my state tax forms that were already entered into TurboTax while doing the federal?

If I entered the high deductible health insurance premium amount from box 14 while doing my federal taxes into TurboTax, why did the George State Tax forms not flag that I entered it again on my State Tax forms? Isn't it double dipping if it was paid with pretax dollars from my pay check?

1 Reply
BMcCalpin
Level 13

Why doesn't TurboTax catch that I entered high deductible health insurance premiums on my state tax forms that were already entered into TurboTax while doing the federal?

Box 14 on the W-2 is an "Other " box, where the entries are not necessarily codified, but is used by the employer to indicate something to the employee. See page 21 for the instructions for line 14 at https://www.irs.gov/pub/irs-pdf/iw2w3.pdf

Normally, employer payments (and your part by means of payroll deduction) towards health insurance premiums (your HDHP) are shown in box 12 of the W-2 with a code of DD. In addition , this amount is removed from Wages because it is pre-tax.

Because Box 14 entries are not codified (the employer could make up whatever he/she wants here), TurboTax can't use them to carry amounts to other parts of the return.

TurboTax has no way of knowing if the box 14 is pre-tax - it can know this only if it was put in box 12, where the codes are well-defined and listed in the IRS instructions.

It was good that you caught this. You might also ask your employer why this amount is not shown in box 12 with code DD and to confirm that the amount is indeed pre-tax.

Dynamic AdsDynamic Ads
Privacy Settings
v