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rmadeline93
New Member

Is a 1099-R and a 1099-SA the same thing?

 
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Howard1948
Level 7

Is a 1099-R and a 1099-SA the same thing?

NO.  But they are similar in that they report withdrawals/distributions from certain plans:

1099-R covers withdrawals from a qualified retirement plan such as an IRA or a 401(k)

1099-SA covers

distributions From an HSA, Archer MSA, or Medicare Advantage MSA

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1 Reply
Howard1948
Level 7

Is a 1099-R and a 1099-SA the same thing?

NO.  But they are similar in that they report withdrawals/distributions from certain plans:

1099-R covers withdrawals from a qualified retirement plan such as an IRA or a 401(k)

1099-SA covers

distributions From an HSA, Archer MSA, or Medicare Advantage MSA

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