If you have a Health Savings Account (HSA), you should receive form 1099-SA. First enter the information about your HSA distributions (reported on the 1099-SA) and then enter the medical expenses you incurred during 2016.
Here's how to enter your 1099-SA form:
-
Click on Federal Taxes > Wages & Income [In TT Self-Employed:
Personal > Wages & Income > I'll choose what
I work on].
- In the Less Common Income Income section,
click on the Start/Revisit box next to 1099-SA, HSA, MSA.
[See Screenshot #1 below.)
- Continue through the interview,
entering the information contained on your 1099-SA.
To enter medical
expenses in TurboTax, please follow these steps:
- Click on Federal Taxes >
Deductions & Credits [In TT Self-Employed:
Personal > Deductions & Credits > I'll choose what
I work on].
- In the Medical section,
click on the Start/Revisit box next to Medical Expenses.
[Screenshot #2]
- Continue through the interview,
entering the requested information on your medical expenses.
- You will be asked to confirm the amount you withdrew from your HSA/MSA to pay for medical expenses. TurboTax will then calculate your medical expenses deduction.