1099 sa-2025

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However, if your 1099-SA indicates you did not use the distribution for qualified medical expenses, you will pay income tax on the portion you used for nonqualified expenses. You report the taxable amount on the other income line of your tax return and write HSA beside it.
Savings accounts for healthcare You could get a Health Savings Account (HSA), or a medical savings account (MSA) such as an Archer MSA or Medicare MSA. When you actually use those funds, the institution that administers the account reports the distributions on Form 1099-SA.
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.
Due to the very low volume of paper Forms 1099-SA and 5498-SA received and processed by the IRS each year, these forms have been converted to an online fillable format. You may fill out the forms, found online at IRS.gov/Form1099SA and IRS.gov/Form5498SA, and send Copy B to the recipient.
IMPORTANT: You WONT receive this form if you DIDNT withdraw funds from your HSA in the prior year. The 1099-SA is used to report any distribution (withdrawal) of funds from your HSA during the prior year. You must report distributions from your HSA on IRS Form 8889.
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People also ask

A 1099-SA is a U.S. tax form that reports distributions made from a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage medical savings account (MA MSA). Its purpose is to show you (and the Internal Revenue Service) how much money you spent from your account.
The 1099-SA form will be available mid-to-late January on the Member Website if you had distributions in the prior year. If you chose to get paper documents, youll get your 1099-SA in the mail in late January/early February.
If you still do not get the form by February 15, you can call the IRS for help at 1-800-829-1040. Do I need 1099-SA if I didnt use my HSA? You will receive this form if you have distributions from your HSA during the tax year. There is a separate form for each type of distribution made during the tax year.

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