Form 1099-SA reports the money you spent from your health savings account (HSA). To enter Form 1099-SA: Open or continue your return. Navigate to the 1099-SA section: TurboTax Online/Mobile: Go to 1099-SA. TurboTax Desktop: Search for 1099-SA and select the Jump to link. Follow the onscreen instructions.

Jan 24, 2025 · To enter a 1099-SA, you have to go to the HSA interview (under Deductions and Credits->Medical->1099-SA, HSA, MSA). Enter the interview, then when you are asked did you pay for anything out of the HSA, answer yes. Next TurboTax will ask you to enter the particulars for a 1099-SA. When you finish, Add another 1099-SA.

Apr 14, 2024 · Hello! For my HSA contributions I received the 5498-SA form but did NOT receive a 1099-SA form for 2023. I did not take any distributions, and I see that it is possible (or likely?) that I will not receive the 1099-SA if I did not take any …

Mar 17, 2024 · " what to do with the form 1099-SA I received afterwards, should I just skip or fill in all the information into Turbotax to pay tax possibly twice? " - Does this 1099-SA have a code of 2 in box 3? If so, only the earnings in box 2 are added to your income; the amount of excess in box 1 is ignored, because TurboTax knows that the excess was ...

Jun 1, 2019 · The IRS requires Form 1099-SA to be issued to an HSA beneficiary who took out a distribution from their health or medical savings account in the past year. Look to the company that issued the Form 1099-SA. As BMcCalpin noted above, look closely at the 1099-SA and you'll see that it says, "Trustee's/Payer's".

Jun 6, 2019 · Where to locate federal ID number when filing 1099-SA from The federal identification number should be located on the left side under the heading of "PAYER'S federal identification number". If it is blank, then call the HSA plan …

Jun 3, 2019 · The information reported to you on your 1099-SA is also reported to the IRS. The IRS matches up all information reported to them with what taxpayers report on their tax returns. Since you didn't include your 1099-SA they will propose making an adjustment to your return that adds the distribution, but not the amount of it that was spent on ...

Jun 1, 2019 · In this case, contact your HSA administrator and ask then to correct this (i.e., tell the IRS "nevermind" on the copy of the 1099-SA that the HSA administrator sent to the IRS). And in this case, you can go back to the Free edition (assuming everything else is equal).

Feb 18, 2020 · Don't confuse the 1099-SA with the SSA-1099 which reports Social Security benefits. It's best to enter your 1099-SA before you enter your medical expenses so we can properly calculate your medical expense deduction: Open (continue) your return in TurboTax, if you don't already have it open. Inside your program, search* for 1099-SA;

Dec 13, 2024 · No, you don't need to enter Form 5498-SA into TurboTax.The 5498-SA reports contributions to: Health Savings Accounts (HSA)Archer Medical Savings Accounts (MSA)M