turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

sgarr196
New Member

Why do i need for 8889 if my 1090 shows HSA contributions?

 
Connect with an expert
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

Why do i need for 8889 if my 1090 shows HSA contributions?

If you made contributions or withdrawals to an HSA in 2016, those must be reported on form 8889, and that form isn't ready yet.  If you leave the form out, you WILL get a letter and a bill for taxes and penalties, because if you don't use the form to say that you used the withdrawal for qualified medical expenses, the IRS will assume the withdrawal were not qualified and will charge you tax on them.  

You are correct that the IRS knows from the 1099-SA form that you had withdrawals, but they don't know that you used the money for qualified medical expenses unless you use form 8889 on your tax return to certify that the money was used for qualified expenses.

View solution in original post

5 Replies

Why do i need for 8889 if my 1090 shows HSA contributions?

If you made contributions or withdrawals to an HSA in 2016, those must be reported on form 8889, and that form isn't ready yet.  If you leave the form out, you WILL get a letter and a bill for taxes and penalties, because if you don't use the form to say that you used the withdrawal for qualified medical expenses, the IRS will assume the withdrawal were not qualified and will charge you tax on them.  

You are correct that the IRS knows from the 1099-SA form that you had withdrawals, but they don't know that you used the money for qualified medical expenses unless you use form 8889 on your tax return to certify that the money was used for qualified expenses.

HelenaC
New Member

Why do i need for 8889 if my 1090 shows HSA contributions?

IRS Form 8889 Health Savings Accounts (HSAs) is the official IRS income tax reporting form. Please see the following TurboTax FAQ:

https://ttlc.intuit.com/replies/3302042 

Why do i need for 8889 if my 1090 shows HSA contributions?

"Why do i need for 8889 if my 1090 shows HSA contributions?"
Because the IRS requires you to report all HSA contributions and distributions using F8889. It's purpose is to determine if your contributions are allowed (eligible) and your distributions are tax free.

(What is 1090? I assume you meant W2)
sgarr196
New Member

Why do i need for 8889 if my 1090 shows HSA contributions?

I have a 1090 form that shows all distributions and contributions for my hsa

Why do i need for 8889 if my 1090 shows HSA contributions?

I see no reference to IRS Form 1090 in any HSA searches.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies