Get Irs 8853 2022-2025

The IRS 8853 form is utilized for reporting Archer Medical Savings Accounts (MSAs) and Long-Term Care Insurance Contracts. This guide will provide you with clear step-by-step instructions to help you complete the form accurately online.

Follow the steps to complete your IRS 8853 form online.

1. Click ‘Get Form’ button to obtain the IRS 8853 form and open it in your preferred editing tool.
2. Begin with filling in the name(s) shown on the return along with the social security number of the MSA account holder. If both partners have MSAs, follow the specific instructions provided in the form.
3. Proceed to Section A for Archer MSAs. If you only have a Medicare Advantage MSA, skip to Section B.
4. Continue with Part II of Section A to report Archer MSA distributions. Total distributions received, report unreimbursed qualified medical expenses, and calculate any taxable distributions. Be sure to check for any conditions that might exempt you from additional taxes.
5. Move on to Section B if applicable, which addresses Medicare Advantage MSA distributions. Again, if both you and your partner received distributions, complete this section separately for each.
6. If necessary, complete Section C for Long-Term Care (LTC) Insurance Contracts. Provide details as requested, ensuring compliance with filing requirements, and differentiate amounts received under various qualifying conditions.
7. Review all entries for accuracy. Once all sections are populated correctly, you can save your changes, download, print, or share the form as needed.

Complete your IRS 8853 form online today to ensure timely filing and compliance with tax regulations.