Health Savings Account Contributions

[geekgirldany]

I have a client that enrolled into a HSA through his employer. At the beginning of the year employer contributed $600 pre-tax. Something happened and the contributions started coming out after-tax. Total amount after-tax is $3,500.

Client did not receive a Form 5498-SA showing their after-tax contributions. He did receive a 1099-SA showing distributions. W-2 shows the $600 the employer gave pre-tax.

Is it correct that the client should have received a 5498-SA showing his contributions? I want to make sure before I have the client call about it. Another client I had got a 5498-SA showing just employer contributions. TTB says that the taxpayer should receive one.

Dany

[dkss]

5498-sa

The issuer of the form 5498-sa has until may 31 to provide a copy to the Participant.

[Gretel]

Yep, same as IRA contributions, which can be made until 4-15 for prior year.

Client could get a copy of account statement if needed.

[geekgirldany]

Wow! I did not know that. I will have the Client get a copy of the account statement.

Thanks!
Dany