How to Setup Health Savings Account (HSA) Elements Taxable for SIT (Doc ID 561129.1)

Last updated on DECEMBER 06, 2016

Applies to:

Oracle HRMS (US) - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

In some states, the Pre-Tax Deduction HSA, as well as the ER HSA are both TAXABLE for SIT. In the Tax Withholding Rules for Pre-Tax Deductions, Health Care 125 is listed as non-taxable.

If the employee lives or works in one of these exception states the HSA will tax incorrectly

How do you create a HSA element as PreTax, with a Category of Health Care 125 and have it taxable for SIT?

How do you create a SIT taxable ER HSA element?

 

Solution

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