Where Does It Show My HSA Contributions on My W2?

When it comes to understanding your HSA contributions on your W2 form, it's important to know where to look and what to expect. Your HSA contributions will be reflected in Box 12 of your W2 form with a specific code that indicates they are HSA contributions. This information is crucial for tax purposes and helps you track your contributions throughout the year.

Here is a breakdown of where your HSA contributions are displayed on your W2:

• Box 12: Look for Code W, which represents your HSA contributions for the year.
• The amount of your HSA contributions will be listed next to Code W.

By checking Box 12 and Code W on your W2 form, you can easily identify the total amount of HSA contributions you made during the tax year. This information is necessary for accurately reporting your HSA contributions on your tax return and ensuring compliance with IRS regulations.

Understanding your HSA contributions on your W-2 form can seem daunting, but it’s essential for your financial well-being. To find your contributions, head straight to Box 12 on your W-2. Look for Code W – this code is used specifically for reporting HSA contributions. By checking the amount next to Code W, you can seamlessly track how much you've contributed throughout the year.