The number reported in Box 12 of Form W-2 - Wage and Tax Statement (code "W") is the amount your employer contributed to your health savings account (including cafeteria plan contributions). You'll need to enter this figure in your tax return.

To enter your Health Savings Account information in your tax return in TaxAct:

1. Sign in to your TaxAct account, then click the My Tax Returns tile.
2. Locate the relevant return, then click Open Return in the Actions column for that return.
3. In the left navigation bar, click Federal.
4. In the Federal Quick Q&A Topics panel, click Health Savings Accounts (HSA) > All HSA topics.
5. Enter the relevant information about your HSA, clicking Continue at the end of each step, until you complete the process.

Note: The amount from Box 12 of Form W-2 will appear on the screen titled Enter Taxpayer's/Spouse's 2023 HSA contributions.

• ?Read our article Entering in Program - Form W-2 for more information.
• IRS Form 8889 - Health Savings Accounts (HSAs)

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.