BillM223
Expert Alumni

Deductions & credits

You do not enter form 5498-SA into TurboTax. It is an informational form that you put in your tax files for archival.

 

TurboTax handles most parts of HSA processing automatically for full-year CA residents, however, for part-year residents there are often manual adjustments that have to be made.

 

Remember that CA considers an HSA to be a regular investment account, so there are additional questions in the CA interview asking about the income earned by the HSA - which means that you will probably have to contact the HSA custodian and tell them that you are a CA resident and need to know what types of income the HSA would have reported if it were a regular investment account. Ask to speak to a supervisor if the person that answers doesn't know what you are talking about.

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