pdfFiller is not affiliated with IRS
IRS 5498-SA 2022-2023 free printable template
2727VOIDCORRECTEDTRUSTEES name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone number1 Employee or self-employed persons Archer MSA contributions
Get, Create, Make and Sign 5498 sa form
How to fill out form 5498 sa 2022-2023
How to fill out form 5498 sa:
Gather all necessary information, including your personal information, financial account details, contributions made to your HSA, and any distributions or transfers made from your HSA.
Double-check that all information is accurate and up-to-date.
Complete the form by accurately filling in the required fields and providing all requested information.
Review the completed form for any errors or omissions before submitting it.
Submit the form to the appropriate entity, such as your financial institution or the IRS, by the designated deadline.
Who needs form 5498 sa:
Individuals who have a Health Savings Account (HSA) need to fill out form 5498 sa.
This form is used to report contributions, distributions, and transfers made to and from the HSA.
It is important for HSA holders to file this form to ensure accurate reporting of their HSA activity and to comply with IRS regulations.
Remember to consult with a tax professional or refer to official IRS documentation for specific instructions and requirements related to form 5498 sa.
This is how it works
Edit your form 5498 sa 2022-2023 form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share your form instantly
Email, fax, or share your form 5498 sa 2022-2023 form via URL. You can also download, print, or export forms to your preferred cloud storage service.
Editing form 5498 sa online
Here are the steps you need to follow to get started with our professional PDF editor:
Set up an account. If you are a new user, click Start Free Trial and establish a profile.
Upload a document. Select Add New on your Dashboard and transfer a file into the system in one of the following ways: by uploading it from your device or importing from the cloud, web, or internal mail. Then, click Start editing.
Edit sa tax form. Rearrange and rotate pages, add and edit text, and use additional tools. To save changes and return to your Dashboard, click Done. The Documents tab allows you to merge, divide, lock, or unlock files.
Save your file. Select it in the list of your records. Then, move the cursor to the right toolbar and choose one of the available exporting methods: save it in multiple formats, download it as a PDF, send it by email, or store it in the cloud.
Dealing with documents is always simple with pdfFiller.
5498 Sa Form is not the form you're looking for?Search for another form here.
Comments and Help with form 5498 sa
Video instructions and help with filling out and completing form 5498 sa
Instructions and Help about form 5498 sa
The form 5498-sa is a form designed by the IRS to report contributions to health savings plans archer medical savings accounts and medicare advantage mass the deadline to do so is June 30th 2021 e-filing with tax bandits is simply secure and accurate to get started either log in to your tax bandits account or create a free account once you've signed in select the form 5498 and the tax year you want to file for next enter the trustee's basic information or select it from your address book check the box if you want to provide the participant with online access click save and continue next enter the participants' information then click save and continue finally enter the form information on lines one through six when you're finished click save and continue then review your filing summary select your required services and pay your filing fee now all that's left to do is click the green button to transmit your form to the IRS e-file your form 5498-sa now at taxbandit.com
What is form 5498 sa?
Form 5498-SA is a tax form used to report contributions, distributions, and other important information related to your health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA. This form is filed with the Internal Revenue Service (IRS) and is provided to you by the trustee or custodian of your account.
How to fill out form 5498 sa?
Form 5498-SA is used to report contributions to a health savings account (HSA) and distributions from an HSA, Archer Medical Savings Account (MSA) or Medicare Advantage MSA. To fill out the form, you will need to provide your name, Social Security number, and employer identification number. You will also need to provide the name, address, and employer identification number of the trustee or issuer of the HSA. Next, you will need to provide information about the contributions you made to the HSA during the tax year. This includes the total contributions you made to the HSA, as well as the date of the contributions and the type of contribution (for example, employer contributions, employee contributions, or rollover contributions). Finally, you will need to provide information about distributions you took from the HSA during the tax year. This includes the total amount of distributions taken, the date of the distributions, and the type of distribution (for example, medical expenses, qualified long-term care insurance premiums, or qualified health insurance premiums). Once you have completed the form, you should mail it to the IRS at the address provided on the form.
What is the purpose of form 5498 sa?
Form 5498-SA is an Internal Revenue Service (IRS) form used to report contributions to and distributions from an individual retirement arrangement (IRA). It is used to report contributions to an IRA, including Roth, SIMPLE, SEP, and self-employed plans; distributions from an IRA including Roth, SIMPLE, SEP, and self-employed plans; Roth conversions; and fair market value of IRAs, health savings accounts, and Archer medical savings accounts. This form is reported to the IRS and used to track and monitor activity of IRAs.
What information must be reported on form 5498 sa?
Form 5498-SA is an Internal Revenue Service (IRS) form used to report contributions to an Archer medical savings account (MSA), health savings account (HSA), or Medicare Advantage MSA. The form must include the following information: 1. Account holder’s name, address, and Social Security Number 2. Account number 3. Type of account (MSA, HSA, or Medicare Advantage MSA) 4. Contributions to the account during the tax year 5. Rollovers and transfers to the account during the tax year 6. Distributions from the account during the tax year 7. Fair market value of the account as of the end of the tax year 8. Employer contributions to the account (if any) 9. Name, address, and employer identification number (EIN) of the employer (if applicable)
When is the deadline to file form 5498 sa in 2023?
The deadline to file form 5498-SA for the 2023 tax year is April 15, 2024.
What is the penalty for the late filing of form 5498 sa?
The penalty for the late filing of Form 5498-SA is $50 for each return for which the due date has been exceeded, with the maximum penalty not to exceed $250,000 per year.
Who is required to file form 5498 sa?
Form 5498-SA is filed by custodians of health savings accounts (HSAs), Archer MSAs, or Medicare Advantage MSAs to report contributions, including rollover contributions, made to the accounts during the calendar year. It is the responsibility of the account custodian to file Form 5498-SA.
How do I modify my form 5498 sa in Gmail?
You can use pdfFiller’s add-on for Gmail in order to modify, fill out, and eSign your sa tax form along with other documents right in your inbox. Find pdfFiller for Gmail in Google Workspace Marketplace. Use time you spend on handling your documents and eSignatures for more important things.
How do I make changes in 5498 sa form?
The editing procedure is simple with pdfFiller. Open your 5498sa form in the editor, which is quite user-friendly. You may use it to blackout, redact, write, and erase text, add photos, draw arrows and lines, set sticky notes and text boxes, and much more.
How do I edit 5498sa information straight from my smartphone?
You may do so effortlessly with pdfFiller's iOS and Android apps, which are available in the Apple Store and Google Play Store, respectively. You may also obtain the program from our website: https://edit-pdf-ios-android.pdffiller.com/. Open the application, sign in, and begin editing irs 5498sa form right away.