
Quoting
c627627
I used the words "Tax Professional" to describe a conversation with whoever answered a Jackson Hewitt Tax Service phone number, the conversation being me expressing concern that there are no HSA contributions listed on the W2 form, and asking wouldn't they need those to be brought over as part of any documentation? I could have just as easily called the H&R Block number right across the street from them... which I may still do out of curiosity what other "Tax Professionals" may say. Both are national chains, who would you guys suggest to call and ask?
It appears that you guys are all in agreement that ALL contributions made by an employer MUST BE reported on W2 form and that there is no such thing as an HSA contribution not having to be reported on the W2 form.
Here's a good question that comes out from that: How does the following affect a person's return:
A. Without W2 information, use only forms sent by the Bank regarding HSA Contributions and Distributions, to get Tax benefits
vs.
B. With W2 clearly stating employer contributions doing the same
In the end how do both affect the bottom line of your Tax Return?
I understand that an employer would do one or the other for many reasons, their own self interest being one of them but in doing so, are they negatively affecting the government's share of the taxes or both government's and the person filing?
I guess I am asking this: If I am using accurate and true Bank information on exact amounts contributed and withdrawn, how does it affect me if an employer refuses to fill out Box 12 listing how much they deposited into an HSA account?