Are Employee Contributions to HSA Reported on W2?

Employee contributions to Health Savings Accounts (HSAs) are typically not reported on W-2 forms because they are made on a pre-tax basis. However, employer contributions to HSAs are usually reported on Form W-2.

W-2 forms detail an employee's total wages and the amount of taxes withheld, but HSA contributions are handled differently:

• Employee contributions made through payroll deductions are already tax-deductible, so they do not need to be reported on W-2.
• Employer contributions to an employee's HSA are considered part of the employee's overall compensation and are reported as such on Form W-2.

In summary, the key points to note regarding HSA contributions and W-2 reporting are:

• Employee contributions to HSAs are not typically reported on Form W-2.
• Employer contributions to HSAs are usually reported on Form W-2 as part of the employee's total compensation.

When it comes to Health Savings Accounts (HSAs), understanding how contributions are reported on your W-2 can be confusing. Employee contributions are made on a pre-tax basis, meaning they won’t appear on your W-2, while employer contributions are typically included as part of your total compensation on the form.