You'll typically receive a Form 1099-SA when you've used funds from your Health Savings Account (HSA) or Medical Savings Account (MSA) to pay for health care expenses. You need to enter Form 1099-SA.
You don't need to enter Form 5498-SA. It's sent to you for informational purposes only.
To enter your 1099-SA,
- Open (continue) your return in TurboTax
- Click the Search box at the top of the screen
- Enter 1099-sa
- Select Jump to 1099-sa.
- On the Tell us about the health-related accounts you had in 2020 screen, select the appropriate box(es) and Continue
- Answer Yes when asked if you used your HSA or MSA to pay for anything
- In Free Edition or TurboTax Live Basic, follow the onscreen instructions to upgrade to Deluxe.
- Enter the info from your 1099-SA
- When you get to Here's what we have so far, choose Add Another 1099-SA or Done, as appropriate.
