Where Do You Enter Your HSA Distributions in TurboTax?

When you're preparing your taxes and have Health Savings Account (HSA) distributions to report, it's essential to know where to enter this information in TurboTax. Follow these simple steps to ensure you accurately account for your HSA distributions:

1. Log in to your TurboTax account and select 'Federal Taxes'.
2. Go to 'Wages & Income' and choose 'I'll choose what I work on'.
3. Look for the section on 'Retirement Plans and Social Security' and select 'Health Savings Accounts (HSAs)'
4. Enter the amount of your HSA distributions for the tax year.
5. Follow the prompts to provide any additional necessary information.
6. Review and submit your tax return.

By following these steps, you can easily enter your HSA distributions in TurboTax and accurately report this information to the IRS.

Reporting your Health Savings Account (HSA) distributions in TurboTax doesn’t have to be a headache. From the moment you log in to your TurboTax account, ensure you select 'Federal Taxes' to kickstart your process.