Box 12

• Report employer HSA contributions in Box 12 of Form W-2 for each employee.
  
  

Code

• Enter code "W" in Box 12.
  
  

Cafeteria Contributions

• The figure recorded in Box 12 includes any funds contributed through a cafeteria plan, according to the IRS.
  
  

Employee contributions

• Do not include employee contributions to an HSA in Box 12. The employee will report them on Form 8899.
  
  

Business Deduction

• Employers should list their HSA contributions on the "Employee benefit programs" line of the business income tax return. Contributions are deductible.
  
  

Considerations

• Consult a tax professional with any questions.