HSA Tax Information

What are Forms 1099-SA and 5498-SA?

You may have questions about the tax forms you will receive regarding your health savings account (HSA):

Form 1099-SA reports withdrawals from the HSA during the calendar year. The amount in Box 1 of the form should be reported on Form 8889. The 1099-SA will be issued only if a withdrawal was made.

Form 5498-SA reports contributions made to the HSA during the tax year. This form is informational and not filed with your taxes.

 

When to Expect Your Tax Forms

January (Year After Tax Year)
If you took withdrawals from your HSA during the prior tax year, you should receive Form 1099-SA by the end of January from Health Equity.

May (Year After Tax Year)
If contributions were made to your HSA for the prior tax year, you should receive Form 5498-SA by the end of May from Health Equity. This form includes contributions made by the tax-filing deadline (typically April 15) that are designated for the prior tax year.

 

Address Changes

If your address has changed, please notify Health Equity of your new address to ensure that you receive all tax forms. Please call 844-396-0221.