Question

HSA Trustee to trustee transfer

Forum|Forum|4 years ago
April 16, 2022
1 reply
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I transferred two HSAs from different financial institutions to a third financial institution via a trustee to trustee transfer and did not make any withdrawls for medical payments last year. I did not get a 1099SA from any institution.

Do I need to report it at all? Do I just delete the two former HSAs from Turbotax and not include the new one? Since I don't have a 1099SA from the current institution, I don't have any of the appropriate information to include (i.e. no TIN, address, etc.)

Thank you

M

Mike9241

on direct transfers there is no reporting. in prior years, for tax purposes, you should have reported as if you only had one HSA even is spread among multiple accounts.