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The 5498-SA Tax Form is not required to report your HSA contributions so Fidelity no longer issues a 5498-SA in January. If you are expecting a 5498-SA it will be available in May. Form 5498-SA | Health Savings Account | Fidelity fidelity.com bin-public documents for fidelity.com bin-public documents for
TurboTax Tip: If you have a health savings account, commonly known as an HSA, you may receive a Form 5498-SA. It reports your annual contributions to these tax-free accounts that you use to pay for medical expenses. This form must be mailed to participants and the IRS by May 31.
What is the difference between Form 1099-SA and Form 5498-SA? Form 1099-SA reports distributions from an HSA, Archer MSA or MA MSA, whereas Form 5498-SA reports contributions to any of those accounts. What is an IRS Form 5498-SA? HSA MSA Tax Form - ADP adp.com articles-and-insights articles f adp.com articles-and-insights articles f
If you are an employer or business and need to order information returns (all series of forms W-2, W-3, W-4, 1096, 1098, 1099, 3921, 5498, and other products), please visit Online Ordering for Information Returns and Employer Returns to submit an order. Need to find a product or place a telephone order? Forms and Publications by U.S. Mail | Internal Revenue Service irs.gov forms-pubs forms-and-publicatio irs.gov forms-pubs forms-and-publicatio
None of the money received from these plans is taxable if it is spent on qualified medical expenses. If the money you withdraw exceeds your qualified medical expenses, however, the excess is subject to income tax.
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The IRS Form 1099-SA is used for reporting HSA distributions; the IRS Form 5498-SA is used for reporting contributions. If you did not have contributions during the year, then you will not see the IRS Form 5498-SA. Although HSAs have triple-tax advantages, you are required to report distributions to the IRS.
The financial institution that manages the account is responsible for sending you a copy of Form 1099-SA. If you havent received one and believe you should have, contact it. IRS Form 1099-SA: What It Is, Who Has to File, and How - Investopedia investopedia.com 1099-sa-form-understan investopedia.com 1099-sa-form-understan
No. You arent required to do anything with Form 5498 because its for informational purposes only. Please be sure to keep this form for your records as youll need this information to calculate your taxable income when you decide to take distributions from your IRA.

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