Health Savings Account Tax Forms

Employees who had an HSA in the prior tax year will be receiving HSA Statements—a 1099-SA and a 5498-SA from HealthEquity. If you have questions about the HSA tax forms, please call HealthEquity at 1-866-346-5800.

1099-SA

HealthEquity provides the 1099-SA tax form if there have been any distributions from an HSA between January 1 – December 31 of the previous year.
A distribution can be a payment directly to a medical service provider or a reimbursement to you.
If there were not any distributions last year, a 1099 form will not be provided.
The IRS website has a sample form as a useful reference.
A 1099 form can only cover one distribution type. Certain scenarios, such as distributions of excess contributions, will generate a second 1099 form for the account.

HealthEquity sends the 1099-SA in the mail, postmarked no later than January 31. Tax documents can also be viewed online, via the member portal by following these steps:

In the HealthEquity member portal, select 'Tax Forms' from the 'Docs & Forms' tab.
Locate the section for Form 1099-SA.
Select the tax year you wish to view from the dropdown menu.

5498 Form

HealthEquity provides a 5498 form if contributions were made to an HSA between January 1 – December 31 of the previous year.
This includes scheduled payroll contributions, one-time contributions, contributions from your employer and contributions from any other party on your behalf.
The IRS website has a sample form as a useful reference.
HealthEquity provides this form for you for your records. You do not need to include it with your taxes.

HealthEquity sends the 5498-SA in the mail. Tax documents can also be viewed online, via the member portal by following these steps:

In the HealthEquity member portal, select 'Tax Forms' from the 'Docs & Forms' tab.
Locate the section for Form 1099-SA.
Select the tax year you wish to view from the dropdown menu.

If you have additional questions, please call HealthEquity at 1-866-346-5800.