Get 2023 Form 5498-sa

Filling out the 2023 Form 5498-SA is essential for reporting contributions to your Health Savings Account (HSA), Archer Medical Savings Account (MSA), or Medicare Advantage MSA. This guide provides a comprehensive overview and step-by-step instructions to ensure you complete the form accurately and effectively.

Follow the steps to complete your form efficiently.

1. Press the ‘Get Form’ button to acquire the form and open it in your preferred editor.
2. Provide the trustee's name, address, city, state, and contact details in the designated fields to ensure accurate identification of your account.
3. In Box 1, enter the contributions made as an employee or self-employed person towards your Archer MSA for the year 2023 and any contributions made in 2024 until the deadline.
4. Fill in Box 2 with the total contributions made to your HSA or Archer MSA during 2023.
5. Complete Box 3 by indicating the total HSA or Archer MSA contributions made in 2024 that apply to 2023.
6. If applicable, record any rollover contributions in Box 4 to capture funds transferred from another MSA or HSA.
7. In Box 5, note the fair market value of your HSA, Archer MSA, or Medicare Advantage MSA as of the end of 2023.
8. Indicate the type of account in Box 6 by checking the correct options available, ensuring the accuracy of your report.
9. Finally, review all entries for accuracy, then save your changes, download or print the form, or share it accordingly.

Start completing your Form 5498-SA online today to ensure proper reporting of your contributions.