As the 2025 tax year deadline is around the corner, it’s time for trustees or custodians to start filing Form 5498-SA. This form reports the contributions made to participant’s account such as Health Savings Account (HSA), Archer Medical Savings Account (MSA), and Medicare Advantage MSA (MA MSA). Let’s discuss it in detail!
What is Form 5498-SA?
Form 5498-SA is an IRS information return used to report contributions made to certain tax-advantaged medical savings accounts, including Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), Medicare Advantage MSAs
What are the details required to report on Form 5498-SA?
The details required to file Form 5498-SA are:
- Trustee basic details
- Participant’s basic details
- Total contributions made to the account during the year
- The type of account (HSA, Archer MSA, or MA MSA)
- HSA or Archer MSA contributions
- Any rollover contributions
- Fair market value (FMV) of the account at year-end
Step-by step guide to fill out Form 5498-SA
Follow these step-by-step instructions for Form 5498-SA to file accurately with the IRS.
- Provide the Trustee’s basic details like name, complete address with postal code, and telephone number.
- Provide the Trustee’s and Participant’s Tax Identification Number (TIN) in the appropriate field.
- Provide the Participant’s basic details like name, complete address including apartment number, postal code, telephone number along with Account number.
Line 1: Enter the contributions made by employees or self-employed individuals to an Archer MSA for the year 2025, including any contributions made through April 15, 2026.
Line 2: Include the total contributions made to an HSA or Archer MSA during 2025 and include any contributions made in 2025 that apply to the 2024 tax year, as well as any qualified HSA funding distributions the participant received in 2025.
Line 3: Enter the total Health savings account (HSA) or Archer Medical Savings account (Archer MSA) contributions made in 2026 for the tax year 2025.
Line 4: Enter the amount of rollovers from one archer MSA to another Archer MSA or from an Archer MSA or Health SA to another HSA.
Line 5: Enter the Fair Market Value (FMV) of the Health savings account (HSA) or Archer Medical Savings account (Archer MSA) or Medicare Advantage MSA (MA MSA) as of December 31, 2025.
Line 6: Check the Participant’s account type
- Health savings Account (HSA)
- Archer Medical Savings Account (Archer MSA)
- Medicare Advantage MSA (MA MSA)
E-file Form 5498-SA online with TaxZerone
TaxZerone makes e-filing form 5498-sa simple, secure and affordable for just $2.49 per form (Bulk rates as low as $0.59)
Last modified: December 30, 2025
