Which W2 Box Tells HSA? - Understanding HSA Contributions on your W2 Form

When tax season comes around, one common question many people have is which W2 box tells about their HSA contributions? This is important to know, especially if you have a Health Savings Account (HSA) and have made contributions throughout the year.

The HSA contributions are generally reported in Box 12 of your W2 form with the code W. This box specifically indicates the amount of money that you or your employer contributed to your HSA during the tax year.

Understanding the information provided in your W2 form can ensure that you accurately report your HSA contributions when filing your taxes.

When diving into the world of taxes, a question that often surfaces is about your Health Savings Account (HSA) contributions and how they are reflected on your W2 form. Understanding where to find this information can save you from potential headaches during tax season.