How do I get an HSA tax form?

IRS Form 8889 can be downloaded from IRS.gov at any time. IRS Form 5498-SA is typically available around the end of January. If you contribute in the new year for the previous tax year, you will also get another 5498-SA form in May.

How do I get my 1099 SA form?

IRS Form 1099-SA is typically available at the end of January. It will be posted to your account and mailed, if elected. IRS Form 8889 can be downloaded from IRS.gov at any time. IRS Form 5498-SA is typically available around the end of January.

How do I report HSA contributions on my tax return?

To report your HSA contributions on your tax return, you will need a copy of your W-2 for the total pretax contributions made by you through payroll or by your employer. This can be found in box 12, code W of your W-2. If you made after-tax contributions in 2020 for 2020, please see your December HSA Statement.

Do I have to report my health savings account on taxes?

Tax reporting is required if you have a Health Savings Account (HSA). You may be required to complete IRS Form 8889. HSA Bank provides you with the information and resources to assist you in completing IRS Form 8889 regarding your HSA.

How to report your HSA contributions to the IRS?

Make sure to report your 2020 HSA contributions, all non-medical HSA distributions, and any excess HSA contributions on Page 2, if applicable. This is one of the forms you’ll mail back to the IRS for your tax return. • IRS Form 8889 – This form is specific to HSAs.

What kind of tax form do I need for HSA?

What tax forms you will need. IRS Form 5498-SA (contribution activity, provided by HSA custodian) W-2 Form (if your employer made HSA contributions) IRS Form 1099-SA (distribution activity, provided by HSA custodian) IRS Form 8889 and the Form 8889 Instructions (check that your tax software prompts you for HSA information)

Where does the HSA deduction go on a 1040?

Line 13 – Important – this is the actual amount you can deduct from your income per HSA tax law. This will make its way onto Form 1040, line 25, and is an important mechanism for how the HSA tax deduction works. By reducing your taxable income, the HSA allows you to pay less in taxes.

What is the IRS form 8889 for HSA?

IRS Form 5498-SA (contribution activity, provided by HSA custodian) W-2 Form (if your employer made HSA contributions) IRS Form 1099-SA (distribution activity, provided by HSA custodian) IRS Form 8889 and the Form 8889 Instructions (check that your tax software prompts you for HSA information)