Filing Your Taxes

HSAs offer tax advantages on your contributions, distributions and interest earnings. We provide you with the resources and tools that you need for accurate tax filing.

HSA Bank Tax Resources

The Year-End Status Report displays your account activity for the calendar year, including: account balances, contributions, distributions, fees and earnings. This report is provided for your records and is not an official tax document.

Resources for filing IRS Form 8889:

IRS Form 1099-SA provides you with the distributions made from your HSA during the tax year. You will receive a separate 1099-SA for each type of distribution made during the year. The five distribution types are normal, excess contribution removal, death, disability and prohibited transaction.

IRS Form 5498-SA provides you with a summary of the contributions made to your HSA during the tax year.

Instructions for IRS Forms 1099-SA and 5498-SA

Required IRS Forms

IRS Form 8889 is used to report HSA contributions, distributions and tax deductions. You will complete this form using IRS Forms 1099-SA and 5498-SA provided by HSA Bank.

Instructions for Form 8889

IRS Form 8853 is used to file Medical Savings Account (MSA) contributions and distributions if you currently have an MSA or have transferred your MSA to an HSA.

Instructions for IRS Form 8853

This information is provided for your convenience. For specific tax filing questions, consult your tax advisor.

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