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March 16, 2025
Question

My entire Employer HSA contribution is being reported as taxable what do I do? The money isn't even in my HSA account anymore?

  • March 16, 2025
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1 reply

March 16, 2025

If the contribution was reported on your W-2 in box 12 with code W, then you need to be sure to go through the Deductions and Credits > Medical  > 1099-SA, HSA, MSA section of your return to verify that you were eligible to make the contribution.  

 

Until that section is completed, the contribution will be included as taxable income on your return, but once your eligibility is verified, the contribution is removed from your income.

 

 

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