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Level 1
April 23, 2021
Question

Reporting old HSA

  • April 23, 2021
  • 1 reply
  • 4 views

I used up the remaining balance from an old HSA during 2020. Is that alone something I need to report on my taxes?

    1 reply

    Level 15
    April 23, 2021

    Did you receive a 1099-SA (you should have)? If so, you must add form 8889 to your 2020 return - when you go through the HSA interview, enter the 1099-SA.

     

    The IRS requires that you add the 8889 to your return if you either contribution money to your HSA or take money out of your HSA.

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