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How do I find my HSA tax forms? Log in to your account and select Manage My Reimbursement Account. Click the red menu on the top left, click My Accounts, then select Benefit Account Summary. Select the Tax Forms link in the Account Resources section. You may be prompted to complete a PDF verification step.
If your employer didnt include your excess contributions in Box 1 of your W-2, you do not need a corrected W-2.You can correct the excess HSA contributions on your tax return. You do this by reporting the excess contributions as other income on Schedule 1 of your Form 1040.
What happens if I contribute to my HSA more than the maximum annual limit that the IRS allows? HSA contributions in excess of the IRS annual contribution limits ($3,600 for individual coverage and $7,200 for family coverage for 2021) are not tax deductible and are generally subject to a 6% excise tax.
IRS Form 8889 can be downloaded from IRS.gov at any time. IRS Form 5498-SA is typically available around the end of January.
Form 8889 is for people with high-deductible health plans to report Health Savings Account (HSA) contributions and distributions on their federal tax returns. TurboTax will automatically fill out Form 8889 if you: Contributed to an HSA.
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If your funds are used for non-eligible expenditures, you may be subjected to income tax plus a 20% IRS penalty. However, that doesnt mean you should neglect your HSA. After age 65, you are allowed to withdraw from your account penalty-free for non-eligible expenses, as long as you report it as income on your taxes.
You must file Form 8889 if any of the following applies. You (or someone on your behalf, including your employer) made contributions for 2023 to your HSA. You received HSA distributions in 2023. You must include certain amounts in income because you failed to be an eligible individual during the testing period.
Go to .irs.gov/Form8889 for instructions and the latest information. Name(s) shown on Form 1040, 1040-SR, or 1040-NR Social security number of HSA beneficiary. If both spouses have HSAs, see instructions.

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