WebJul 12, 2024 · Enter the amount of any employer HSA contribution from federal Form W-2, box 12, code W on Line 7, column C. Before you start: If you determine that the HSA contribution shouldn't be added back you can select the box next to the diagnostic to indicate that it's been reviewed and disregard the diagnostic. WebThe following list explains the codes shown in Box 12 of Form W-2. You may need this information to complete the tax return. A. Uncollected social security or RRTA tax on tips. Include this tax on Form 1040. See " Other Taxes " in the Form 1040 Instructions.
Solved: I don
WebIf you have an amount reported in box 12 of your W-2 (Code W) for employer contributions to your health savings account (including contributions through a cafeteria plan), then you will need to complete IRS Form 8889 Health Savings Account. To enter the W-2 box 12 amount: From within your TaxAct® return ( Online or Desktop) click on the ... WebI did my taxes over the weekend and when I entered the information from my W2 for Box 12, Code W, the amount of my return dropped by a couple thousand dollars. Code W represents employer contributions (including amounts the employee elected to contribute) into an HSA. In my case, I made 100% of the contribution. dollar tree front teeth baby pacifier
W-2, Box 12 - Codes - Wolters Kluwer
WebJun 4, 2024 · The Box 12 W Code on your W-2 represents the total pre-tax contributions to your HSA. Whether it was you, your employer or both of you who contributed funds into your HSA account, the combined amount goes into this box. ... My daughter's W-2 does correctly deduct the HSA amount listed in block 12 for Code W from blocks 1, 3 and 5 of the W-2 ... WebI did my taxes over the weekend and when I entered the information from my W2 for Box 12, Code W, the amount of my return dropped by a couple thousand dollars. Code W … WebEmployer health savings account (HSA) contribution. Enter the amount of any employer HSA contribution from federal Form W-2, Wage and Tax Statement, box 12, code W on line 1, column C. Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is ... fake cast iron guttering