Necessary Forms for Tax Filing

HSAs provide great tax advantages on contributions, qualified distributions, and interest earnings. We’ll provide you with the necessary tax forms to help you file your taxes correctly. The information from these forms will be used to complete IRS Form 8889.

NOTE: American Fidelity Assurance Company does NOT provide tax advice. If you have questions regarding how to fill out IRS Form 8889, you will need to consult a tax professional.

 

Reporting HSA Activity on Your Tax Return

IRS Form 1099-SA reflects all distributions from your HSA for the previous tax year. You will only receive this tax form if you’ve taken distributions for the specific tax year. These forms are mailed out and made available to you through your online account at the end of January.

IRS Form 5498-SA indicates your total contributions from the previous tax year. These contributions can be made up until the federal tax-filing deadline (usually April 15) of the new tax year. These forms are mailed out and made available to you through your online account at the end of May. 

The information for contributions is also on your W-2, box 12, as long as you've contributed via payroll deduction. You do not have to wait until the end of May for your contribution information. 

 

IRS Form W2 shows total contributions made to your HSA through your employer (both your own pre-tax contributions and any your employer makes on your behalf) in Box 12W. This form is provided to you by your employer.

IRS Form 8889 is used to report contributions, distributions, and your tax deductions. You or your tax professional will complete this form using IRS Forms 1099-SA and 5498-SA provided by American Fidelity.

 

ESB-5127-0616