Do I need to amend returns if 1099-SA was received after filing

[antzjos]

I already filed my return and the return has been processed. I received my 1099-SA after the return was filed. I have used the money from the HSA account only for qualified medical expenses. 

The W2 already had the information about the contributions from employer and myself (pretax) which I have input while filing.

Do I need to amend the return? If yes, do I need to file it now or next year?

Thank you

[ThomasM125 · Accepted solution]

Yes, you need to amend the current year return to report the use of the HSA distribution for qualifying medical expenses on Form 8889. Otherwise, the IRS will assume it was taxable and likely send a bill for additional taxes somewhere down the road. You will have to amend your 2024 tax return. You will see an option for that when you log into your TurboTax program.

[antzjos]

Thank you for the quick response. My return was processed last week. Can I amend it now or do I need to wait? If I need to wait, how long is it good to wait?

Thanks again!

[BillM223]

When was this distribution made? In tax year 2024 or 2025? That is, "I have used the money from the HSA account only for qualified medical expenses " refers to expenses made by credit card in 2024, or something else?

What is the distribution code in box 3?

This is an odd time of year to get a 1099-SA, and I want to make sure which year it belongs to.

[antzjos]

Distributions were made in 2024. I used HSA card to make the payment in 2024.

Distribution code in box 3 is "1"

In 1099-SA, there a box "For Calender Year" and it has the value of 2024.

[KeshaH]

You can amend your return now if your original return has been processed by the IRS.