When it comes to HSA contributions from your employer on your W-2 form, you might be wondering where exactly they are reported. HSA contributions from an employer should typically go in Box 12 of your W-2 form. This box is specifically designated for employer-sponsored health coverage contributions, which includes HSA contributions.
Reporting HSA contributions on your W-2 form is important for tax purposes. It helps ensure that you are meeting IRS guidelines and properly reporting your contributions.
It's worth noting that employer contributions to your HSA are generally excluded from your taxable income, making them a valuable benefit for employees.
When it comes to reporting HSA contributions from your employer on your W-2 form, it’s essential to know that these contributions are typically recorded in Box 12. This is the designated space for employer-sponsored health coverage contributions, including HSA contributions, which can significantly reduce your overall taxable income.
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