E-file Form 5498-SA Online
Prepare and file Form 5498-SA with TaxBandits to report contributions to Health Savings Account (HSA), Archer Medical Savings Account (MSA), or Medicare Advantage MSA.
A Comprehensive Solution for Form 5498-SA Filing
- Distribute Recipient Copies by Mail or Online Access
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Form 5498-SA: Key Insights
- Form 5498-SA reports contributions to Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), and Medicare Advantage MSAs.
- The trustee or custodian of a Health Savings Account (HSA), Archer Medical Savings Account (MSA), or Medicare Advantage MSA is responsible for filing Form 5498-SA with the IRS.
- The deadline to e-file Form 5498-SA with the IRS and distribute participant copy is June 02, 2025.
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Explore the features that make TaxBandits the ideal choice for filing 5498-SA forms online.
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We have improved the team management feature, allowing you to invite unlimited team members, assign predefined roles, and delegate 5498-SA filings for specific clients.
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.
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Tax Pros can simplify their 5498-SA filing with our advanced features!
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Information Required to E-file Form 5498-SA Online
Trustee’s Details
Name, TIN, Address, and Contact Information
Participant’s Details
Name, TIN, Address, and Contact Information
Contribution Details
- 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 an efficient solution for the electronic filing of IRS Form 5498-SA, which is crucial for reporting contributions to various retirement accounts.
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Step 1: Select Form 5498-SA
Select Form 5498-SA from the dashboard to file for the 2024 tax year.
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Step 2: Enter Form 5498-SA Information
Enter the required Form 5498-SA information manually in the
respective fields. -
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?
IRS Tax 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. You must report the receipt of a rollover from one Archer MSA to another Archer MSA, and receipt of a rollover from an Archer MSA or an HSA to an HSA.
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.
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When is Form 5498-SA E-Filing Deadline for 2024 Tax Year?
The deadline for E-filing Form 5498-ESA with the IRS is June 02, 2025. The deadline to distribute the participant’s copy is June 02, 2025.
However, there is a scenario you need to understand about the participant’s copy distribution.
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.
What If You Sent the FMV Statement (participant copy) by January 31, 2025?
You can choose (but are not required) to furnish a copy of the participant by January 31, 2025, showing their account's Fair Market Value (FMV). But, if you sent the participant copy by January 31, 2025, and there were no contributions (including rollovers), you do not need to send another participant copy of Form 5498-SA by June 02, 2025.
Legend Requirement: If you do not send another copy of Form 5498-SA to the participant by June 2, 2025, because there were no reportable contributions for the year, the FMV statement (sent by January 31, 2025) must include a note (legend).
This note clearly states that the account's FMV has been reported to the IRS. Adding this clarification helps prevent confusion for the participant.
Helpful Resource for Form 5498 SA
IRS Form 5498 SA
Instruction of Form 5498 SA
