fburglee
Returning Member

HSA deductions without contributions

Hello.

 

I have an HSA account that I've funded regularly since June 2020. I recently changed health insurance to one where I'm no longer eligible to have an HSA, but the account is still open with a balance. Every year I receive a Form 5498-SA and claim these as deductions on my return.

 

Since I can no longer contribute money to this account will I still receive the 5498 and be able to claim the distributions as a deduction?

 

Thank you.