See the instructions for boxes 1 through 3, later. In addition, Form 5498-SA must be filed to report any rollover (qualified HSA funding distributions (trustee-to-trustee transfers from an individual retirement arrangement (IRA) to an HSA under section 408 (d) (9))) contributions to the HSA subsequently closed by the trustee or custodian.

Box 3, one of the following codes (see Box 3. Distribution Code, later): 1—If the beneficiary is the spouse, 4—If the beneficiary is the estate, or 6—If the beneficiary is not the spouse or estate; and

2019年6月1日 · When the employer overcontributes to your HSA, this is what should happen: Case #1. If the employer catches this before 12/31/2018 (for this year), then the employer can ask the HSA custodian to return the money to the employer. If this is the case, then if the distribution code is '2' on the 1099-SA, then you probably don't have a problem.

Box 3: Distribution Code: Not Supported in program. Use this code for normal distributions to the account holder and any direct payments to a medical service provider. Use this code if no other code applies. Use this code for payments to a decedent's estate in the year of death. Also use this code for payments to an estate after the year of death.

2025年3月5日 · 我一直以为 box 3数额= box 1 数额 + box12a retirement plan金额。 可我今年的 w2 上 box3 比 box1 +box12 多出来2千多 （我没有HSA，Box 5 Medicare 数额 和 box 3 一样）。 求教，可能是为什么呢？ The most likely reason is that the person has pre-tax deductions that reduce taxable wages (Box 1) but are still subject to Social Security and Medicare taxes (Boxes 3 …

However, boxes 2 and 3 will include amounts that were contributed to the HSA by an employer, as well as employee contributions made through payroll deductions. Add the amounts together in boxes 2 and 3 to arrive at the taxpayer's total contributions toward the current tax year limit.

2025年2月18日 · Form 1099-SA reports distributions from Health Savings Accounts (HSA) and Medical Savings Accounts (MSA), detailing whether withdrawals are taxable or qualified medical expenses. Understanding how to report these distributions correctly ensures accurate tax filing and helps avoid unexpected tax liabilities.

2024年3月13日 · However, the distribution code shown in Box 3 will indicate the type of distribution taken and will help determine if the distributions are taxable. For example, Code 1 indicates normal distributions, which means the distributions were …

IRS Form 5498-SA is a document of importance to anyone who participates in or manages a health savings account (HSA), Archer Medical Savings Account (MSA) or Medicare Advantage (MA MSA). Each year, account trustees must provide copies of the form to both the IRS and the participating employees. What is Form 5498-SA used for?

2016年10月29日 · Form 1099-SA has a section in Box 3 that labels the type of distribution being reported. See the next section called “Box 3 Distribution Codes” to understand the codes found here.