Discussion Archives:HSA Contribution on W2, Code W

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Discussion Forum Index --> Advanced Tax Questions --> HSA Contribution on W2, Code W

Discussion Forum Index --> Tax Questions --> HSA Contribution on W2, Code W

Newtaxguy (talk|edits) said:

April 14, 2011

I believe the HSA contribution shown on a W2 and reported under code W reflects a pre-tax contribution to the HSA. As such, the contribution should not be reported on Form 8889 and as an adjustment to income on Form 1040, as that would amount to taking the same deduction twice.

Can someone please confirm my understanding?

Thanks, TNTG

Ckenefick (talk|edits) said:

14 April 2011
W = employer contribution.

CrowCPA (talk|edits) said:

14 April 2011
But employer contribution also includes anything from as sec 125 plan. Don't deduct it again when computing AGI.

Doug M (talk|edits) said:

14 April 2011
There is a place on form 8889 for the ER and the EE contributions. Show the W code item as an ER contribution, not deductible by your client.

TexasGal (talk|edits) said:

6 April 2012
duplicate, reposted here: Discussion:2011 8889 Form.
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