Originally Posted by TomCat
Raise the question with your employer and get the W-2 corrected if it is wrong. Employer can file a corrected W-2.
BTW...my gut reaction is you need some help with your tax return preparation. First TT may be wrong...now W-2 may be wrong. My concern is that you may be wrong
I have not filed yet
I needed to see the impact
I know either the W-2 are wrong HSA wise, or I am wrong in taking it off W-2.
what I do know is the HSA is a source of one of my problems.
In 2008 and 2009 the same HSA was shown differently on the W-2.
Here is my guess based on various feedback thus far
1) My HSA was incorrectly done on my 2008 tax return. I asked my employer for a corrected W-2, they sent me one, but it still is not the same as what my 2009 looks like (codes and amounts) regarding the HSA.
2) Because my HSA contributed to a $1800 refund, that number would have been much much lower.
3) Because I do not account for the child tax credit on my W-4 and allowances, that $1800 being lowered to around $900 means I was $1100 in the hole for 2008, setting a false expectation for myself heading into 2009.
4) More than likely the HSA is correct as listed on my W-2 based on what others are telling me based on how payroll, payroll taxes and what the IRS wants (I have to fill in enough to make sure IRS knows I did not over contribute to account, but the tax return will show no HSA tax benefit if money is withheld by employer).