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sgarr196
New Member

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

 
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Opus 17
Level 15

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.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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5 Replies
Opus 17
Level 15

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.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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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 

ghost
Level 8

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
ghost
Level 8

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

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