You can find this total on your W-2, Wage and Tax Statement, in box 12 under the code W. The second part of Form 8889 is where you report withdrawals or distributions made from your HSA.

Whenever you make a withdrawal from your HSA, your HSA provider, custodian or trustee makes an IRS Form 1099-SA. This details your contributions and any distributions for the year.

Form 5329 is an attachment to the federal income tax return that must ... a health savings account (HSA), or an education savings account. Received taxable distributions from an education savings ...

You can make tax-free withdrawals and distributions to cover qualified medical expenses. Enrollment into a CDHP does not guarantee your eligibility for an HSA - there are additional IRS rules which ...

Contributions to your HSA are reported on Form 5498. Distributions from your HSA are reported on Form 8889. This information is needed for tax filing purposes each year. Non-qualified distributions ...

you can make tax-deductible contributions to an HSA, allow your money to grow, and take tax-free withdrawals to cover HSA-eligible expenses. Image source: Getty Images. Because an HSA provides tax ...

The HSA should logically come after withdrawals from taxable accounts and traditional IRAs and 401(k)s. That’s because HSAs enjoy tax-free compounding and withdrawals are tax-free for qualified ...

With an HSA you can make tax ... stay invested and continue to grow tax-free, assuming you eventually pull it out to use for medical costs. If you use any withdrawal for non-medical costs it ...