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Subject line: Reminder: Revised 5498SA forms are available on the member portal Hello HSA Member Name, This is a reminder that your Health Savings Account (HSA) tax statement, IRS form 5498SA, is still
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How to fill out revised 5498-sa forms are

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How to fill out revised 5498-sa forms are

01
Obtain the revised 5498-SA form from the IRS website or other authorized sources.
02
Carefully read the instructions and understand the requirements for each section of the form.
03
Gather all the necessary information and supporting documents, such as contributions to an HSA or Archer MSA.
04
Fill out the form accurately and legibly, providing all the requested information.
05
Double-check your entries to ensure they are correct before submitting the form.
06
Sign and date the form as required.
07
Make a copy of the completed form for your records.
08
Submit the revised 5498-SA form to the appropriate recipient, such as your HSA trustee or custodian, by the designated deadline.

Who needs revised 5498-sa forms are?

01
Individuals who have made contributions to a Health Savings Account (HSA) or Archer Medical Savings Account (Archer MSA) during the tax year.
02
Health Savings Account trustees or custodians who are required to report contributions received.
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Revised 5498-SA forms are informational tax forms used to report contributions to Health Savings Accounts (HSAs) and similar accounts. They are typically provided to the IRS and account holders.
Trustees or custodians of Health Savings Accounts (HSAs) are required to file revised 5498-SA forms.
To fill out the revised 5498-SA forms, gather the necessary information such as the account holder's name, address, and taxpayer identification number, and report contributions made to the account during the tax year.
The purpose of revised 5498-SA forms is to provide information to the IRS regarding contributions made to HSAs, thereby facilitating accurate tax reporting and ensuring compliance with tax regulations.
The information that must be reported includes the account holder's details, year-end account balance, and total contributions made during the tax year.
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