Terry D EA Posted March 31, 2014 Report Share Posted March 31, 2014 This is an area that I should be well versed in but haven't done too many in the past. Here is the situation: Client spouse has funds deposited to an HSA by her employer. These amounts are not deductible and I am well aware of that. However the worksheet that I am using pulls information from the W-2 form because of the "W" code. There is a line on the worksheet that asks for the total contributions for the year. A couple of lines down has the employer deposits of 500.00. The client experienced 450 in medical expenses. The program is showing a total deduction of 450.00. Is this correct? She did not personally contribute to this HSA and my thinking is that this is incorrect due to the entry of 500.00 showing twice. Help please. Quote Link to comment Share on other sites More sharing options...
Kea Posted March 31, 2014 Report Share Posted March 31, 2014 Are you putting the $450 in the top part of the form or in the bottom part? It sounds like it's been entered on the line for additional contributions. The top part is for the contributions to the plan. The bottom part is for the distributions. Make sure you offset the distributions with the actual qualified medical expenses so that it doesn't show up as taxable income. I'm not on my work computer, so I don't have line numbers. Hope that helps. Quote Link to comment Share on other sites More sharing options...
WITAXLADY Posted March 31, 2014 Report Share Posted March 31, 2014 did she receive a 1099-SA? then the $450 gets inputted thru the add forms on the 1099-SA and see prior answer on Hsa's, part II line 15.. should work fine. Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted March 31, 2014 Author Report Share Posted March 31, 2014 Thanks for all the replies. I guess the season is wearing me down. After a good nights rest I see where my difficulties were and it was with the input areas. All is well and thanks for your help Quote Link to comment Share on other sites More sharing options...
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