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February 13, 2022
Question

What information do I input for Form 5329-S: Year end HSA value? Do I literally input just the balance of the HSA on December 31, 2021?

  • February 13, 2022
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February 13, 2022

If you received Form 5498-SA from your HSA plan administrator, you don't need to do anything with it. The information that you need to enter about your HSA is on Form 1099-SA.

 

Form 5329 is not used for HSA information, but for Additional taxes on Qualified Retirement Plans. 

 

 

 

 

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