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Do i need to include my HSA funds when filing taxes? I do not currently have an HDHP plan and have not made any contributions or used any of the HSA funds.

 
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BMcCalpin
Level 13

Do i need to include my HSA funds when filing taxes? I do not currently have an HDHP plan and have not made any contributions or used any of the HSA funds.

You must file Form 8889 if any of the following applies.

  • You (or someone on your behalf, including your employer) made contributions in the tax year to your HSA.
  • You received HSA distributions during the tax year.
  • You must include certain amounts in income because you failed to be an eligible individual during the testing period.
  • You acquired an interest in an HSA because of the death of the account beneficiary.

In short, you are not required to file form 8889 just because you have an HSA, but only if you had some activity in your HSA during the tax year.

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BMcCalpin
Level 13

Do i need to include my HSA funds when filing taxes? I do not currently have an HDHP plan and have not made any contributions or used any of the HSA funds.

You must file Form 8889 if any of the following applies.

  • You (or someone on your behalf, including your employer) made contributions in the tax year to your HSA.
  • You received HSA distributions during the tax year.
  • You must include certain amounts in income because you failed to be an eligible individual during the testing period.
  • You acquired an interest in an HSA because of the death of the account beneficiary.

In short, you are not required to file form 8889 just because you have an HSA, but only if you had some activity in your HSA during the tax year.

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