File Form 5498-SA Online
TaxBandits offers a simple solution for preparing and filing Form 5498-SA, which reports contributions made to an HSA, an Archer MSA, or a Medicare Advantage MSA.
A Complete Solution for Form 5498-SA Filing
- Distribute Participant Copies by Mail or Online Access
- AI-powered Assistance at Every Step
- World-Class Customer Support
PRO Features Built for Tax Professionals
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Form 5498-SA: Key Insights
- Form 5498-SA is filed by the trustee or custodian of a Health Savings Account (HSA), Archer Medical Savings Account (MSA), or Medicare Advantage MSA to report contributions made to these accounts to the IRS.
- The deadline to e-file Form 5498-SA with the IRS and distribute a participant copy is June 02, 2025.
Why Choose TaxBandits to E-file Form 5498-SA?
Explore the outstanding features that make TaxBandits the ideal choice for filing 5498-SA forms online.
Exclusive Pro Features for Tax Professionals
Improve your tax filing process and streamline workflows with premium features developed explicitly for tax professionals.
Team Management
Securely invite team members to manage filings for your clients with their own credentials. Assign the roles of preparer, approver, or transmitter to delegate tasks and streamline workflows.
Client Management
Securely exchange documents and communicate with clients through the customized portal that reflects your brand identity, enhancing client interaction and building stronger professional relationships.
Custom Reports
Access detailed reports to gain insights into team performance and client filings. Leverage in-depth analytics to make informed decisions and enhance productivity.
Contact our team at (704) 684-4758 to explore custom pricing options for high-volume filing!
Information Required to E-file Form 5498-SA Online
The following information is required to complete Form 5498-SA with the IRS:
Trustee’s Details:
Name, TIN, Address, and Contact Information
Participant’s Details:
Name, TIN, Address, and Contact Information
Contribution Details:
This includes,
- An employee's or a self-employed person's regular contributions to the Archer MSA
- Total HSA or Archer MSA contributions made in 2025 and 2026
- Rollover Contribution
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Fair Market Value (of HSA, Archer
MSA, MA MSA) - Type of account
Have all the information ready? Start filing your 5498-SA forms with TaxBandits today!
How to file Form 5498-SA Online with TaxBandits?
TaxBandits offers a seamless solution to e-file your Form 5498-SA with the IRS.
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Step 1: Select Form 5498-SA
Select Form 5498-SA from the dashboard.
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Step 2: Enter Form 5498-SA Information
Enter the required Form 5498-SA information manually in the respective fields.
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Step 3: Choose Distribution Options
You can deliver recipient copies via postal mail, online access, or advanced distribution (which supports both).
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Step 4: Review and Transmit to the IRS
Review the 5498-SA form summary and transmit it to the IRS.
We'll email you updates about the status of your forms. You can also track the status directly from your dashboard.
Ready to E-file Form 5498-SA with the IRS?
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Frequently Asked Questions About Filing Form 5498-SA Online
What is Form 5498-SA?
Form 5498-SA is an informational form that reports the total contributions made towards a Health Savings Account (HSA), Archer Medical Savings Accounts (MSA), and Medical Advantage MSA (MA MSA) to the IRS. You are required to file if you are the trustee or custodian of an HSA, Archer MSA, or MA MSA, with a separate form for each type of plan.
Do not report a trustee-to-trustee transfer from one Archer MSA or MA MSA to another Archer MSA or MA MSA, one Archer MSA to an HSA, or from one HSA to another HSA. For reporting purposes, contributions and rollovers do not include these types of transfers. You are not required to file Form 5498-SA if a total distribution was made from an HSA or Archer MSA during the year and no contributions were made for that year. To learn more about Form 5498-SA, visit irs.gov.
Are you ready to report your 5498-SA Form? Get started with TaxBandits.
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When is the Form 5498-SA E-Filing Deadline for the 2024 Tax Year?
The deadline for e-filing Form 5498-SA with the IRS and to distribute the participant’s copy for the 2024 tax year is June 02, 2025.
What are the changes to the IRS Reporting after the Death of the Account Holder?
In the year an HSA, Archer MSA, or MA MSA owner dies, generally you must file a Form 5498-SA and furnish a statement for the decedent. If the designated beneficiary is the surviving spouse, the following will apply.
- The spouse becomes the account holder of the HSA or Archer MSA.
- An MA MSA is treated as an Archer MSA of the spouse for distribution purposes, but no new contributions may be made to the account.
If the designated beneficiary is not the spouse or there is no designated beneficiary, the account ceases to be an HSA, Archer MSA, or MA MSA.
When Must Form 5498-SA Copies be Provided to Participants?
If you need to file Form 5498-SA, you must send a copy of it (Copy B) to the participant by June 2, 2025.
You can also send them a statement indicating the fair market value (FMV) of the account as of December 31, 2024, although it is not required. If you decide to do this, you should send it by January 31, 2025.
If you have furnished the FMV statement of the account to the participant by January 31, 2025, and there are no reportable contributions (including rollovers) into the account, then:
- You don’t need to send another statement to the participant to report zero contributions.
- However, you still need to file Form 5498-SA with the IRS by June 02, 2025, to report the account’s fair market value(FMV) as of December 31, 2024.
If you do not furnish another statement to the participant because there were no reportable contributions for the year, you must still include the fair market value (FMV) of the account, and it must contain a note(legend) explaining what information is reported to the IRS.
