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March 15, 2025
Question

I contributed the maximum of $4150 to my HSA. $2800 is on my W2. The additional $1350 I just made. How do I know the full $4150 was deducted ($1350 shows on HSA summary)?

  • March 15, 2025
  • 1 reply
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HSA Summary shows: Deduction $1350 Total Distributions $2394 Taxable distributions $0 Taxable earnings on excess contributions $0 Tax-free employer contributions $2,800 Excess employer contributions withdrawn $0 I just made the additional payment and entered it as made not through my employer. Is that correct?

1 reply

March 15, 2025

Yes, it all seems to be correct.

 

The only amount that will be deducted explicitly on your tax return is the $1350 contribution that you made directly to the Health Savings Account (HSA) with your own after-tax funds.  The contribution made through your employer from payroll deductions or from your employer itself was made with pre-tax funds so you have already received a tax benefit for that contribution.

 

When you look at your tax return you should see your contribution of $1350 shown on Form 1040 Schedule 1 line 13.  

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