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February 18, 2021
Question

HSA

  • February 18, 2021
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What is the difference between 1099-SA and Form 5498-SA?

    1 reply

    February 18, 2021
    • IRS form 1099-SA shows the amount of money you spent from your HSA during the tax year.
    • IRS form 5498-SA shows the amount of money deposited into your HSA for the tax year. If the contributions on your W-2 don’t match your Form 5498-SA, you likely made after-tax contributions or contributions between January 1 and tax day for the previous tax year.
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