Level 3

Question

avoiding taxation of HSA contributions

Forum|Forum|6 years ago
April 27, 2020
15 replies
33 views

how do I avoid taxation of Code W on W2 amount. I have completed 8889 but it's taxing the contribution. Thank you in advance for the help.

ProSeries Professional

This topic has been closed for replies.

sjrcpa

Level 15

You have to indicate family or single coverage, months the HDHP was in effect, etc.. Either the form is filled out incorrectly or the employer overcontributed. My guess is the former.

The more I know the more I don’t know.

D

dolmanaAuthor

Level 3

all months are populated at $7000 with family coverage. The employer did not over fund.

T

The-Tax-Lady

Level 8

Did you put an X in the box on the 1099-SA form to indicate all distributions were use for medical expenses.

D

dolmanaAuthor

Level 3

Yes, I did that and it flowed properly. Still being taxed

Just-Lisa-Now-

Intuit Community Champion

Be sure to check the Self or FAmily box in the Smart worksheet below Line 2...not just the box on Line 1 and dont enter anything on Line 2

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

Terry53029

Intuit Community Champion

On the 8889 line two, you didn't put an amount, as the amount is taken from the W2

D

dolmanaAuthor

Level 3

that's correct. nothing on line 2.

dkh

Level 15

Does line 9 of 8889 = W2 contributions? is it less than line 5?

D

dolmanaAuthor

Level 3

yes it equal contributions and is less than line 5.

dkh

Level 15

Same $ amount lines 3,5,6,8 ?

dkh

Level 15

@dolmana - don't leave us hanging ...… did you get your problem resolved?

Sign up

Login with SSO

Let's get you signed in

Login with SSO