turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Rachel670
New Member

If i have an HSA through work, when i get to the Idaho MSA question (state) do i fill in the information on form 5498-SA in this section or is that covered in my federal?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

If i have an HSA through work, when i get to the Idaho MSA question (state) do i fill in the information on form 5498-SA in this section or is that covered in my federal?

An Idaho Medical Savings Account is not the same as an federal Health Savings Account (HSA) - it is a separate account altogether.

As the state says: "Contributions to a federal MSA or health savings account (HSA) don't qualify for this Idaho deduction. The following information refers only to the Idaho MSA; tax consequences of federal MSAs and HSAs differ from the Idaho MSA." See https://tax.idaho.gov/i-1162.cfm

So, do not enter your HSA contributions on this Idaho screen ("Idaho Medical Savings Account (MSA)").

View solution in original post

1 Reply

If i have an HSA through work, when i get to the Idaho MSA question (state) do i fill in the information on form 5498-SA in this section or is that covered in my federal?

An Idaho Medical Savings Account is not the same as an federal Health Savings Account (HSA) - it is a separate account altogether.

As the state says: "Contributions to a federal MSA or health savings account (HSA) don't qualify for this Idaho deduction. The following information refers only to the Idaho MSA; tax consequences of federal MSAs and HSAs differ from the Idaho MSA." See https://tax.idaho.gov/i-1162.cfm

So, do not enter your HSA contributions on this Idaho screen ("Idaho Medical Savings Account (MSA)").

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies