Form 5498-SA

Tax Slayer entry:

Federal Section > Deductions > Adjustments > Health Savings Account (Form 8889)

  • Contribution amount is entered on Form 8889 Part I.
  • Verify that the total contribution amount to the HSA by this and other contributions has not been exceeded. If so, an additional 6% tax is owed on the excess contribution and will appear on Form 1040 line 58 – Additional tax on ….
  • See the HSA resource page for more information.