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Asking for Form 5329-T info: value of HSA at end of year. I do not have that form. I can find that info on Form 5498-SA on my HSA Optum Bank online. Use this value there?

 
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Asking for Form 5329-T info: value of HSA at end of year. I do not have that form. I can find that info on Form 5498-SA on my HSA Optum Bank online. Use this value there?

Yes, box 5 on the 2017 5498-SA is the value of your HSA on December 17, 2017.

The 5329 is asking for this amount because you are being assessed a penalty for an excess HSA contribution, which is 6% of the smaller of the excess or your HSA value at the end of the year.

The 5329 is not mailed to you; it is generated automatically by TurboTax as part of the penalty processing.

Asking for Form 5329-T info: value of HSA at end of year. I do not have that form. I can find that info on Form 5498-SA on my HSA Optum Bank online. Use this value there?

What about needing to file IRS form 8889 with your income taxes to report contributions and distributions from your health savings account. Where do I enter this and find that form?

Asking for Form 5329-T info: value of HSA at end of year. I do not have that form. I can find that info on Form 5498-SA on my HSA Optum Bank online. Use this value there?

Form 8889 is generated by TurboTax and attached automatically to your tax return. You enter this by going through the HSA interview, which is at Federal->Deductions & Credits->Medical->HSA, MSA Contributions. Be sure you go all the way to the end (back to "Your Tax Breaks").

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