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Information about Form 1099-SA

Updated: 11/17/2007
Article ID: 3491

Select a link below to go directly to a topic or read through the document to learn about Form 1099-SA.

What is Form 1099-SA?

Form 1099-SA reports a distribution from a tax-advantaged savings account.

You'll get this form if you received distributions from your Health Savings Account (HSA) or your Medicare Advantage Medical Savings Account (MSA). You'll get this form if your HSA/MSA administrator made payments directly to your medical care provider.

A Health Savings Account, is a tax-exempt trust or custodial account, established by you and your employer, to pay for your qualified medical expenses.

A Medicare Advantage MSA is not a Medicare + Choice health plan. To have a Medicare Advantage MSA, you must pay funds into your established plan account to pay for qualified medical expenses. If you assigned your Medicare benefits to a HMO provider, that is a Medicare + Choice health plan, not a Medicare Advantage MSA.

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How do I Enter Form 1099-SA?

For TurboTax Basic, Deluxe, or Premier:

  1. Select the Federal Taxes tab, then select Income.
  2. In the Choose How to Enter Your Income screen, select the Select Specific Topics button.
  3. Select Less Common Income.
  4. Select the Start or Revisit button next to Miscellaneous Income.
  5. In the  Any Miscellaneous Income? screen, select  Archer MSA and health savings accounts (Form 1099-SA).
  6. Follow the on-screen instructions and continue through the Interview to enter your information for Form 1099-SA.

For TurboTax Home & Business:

  1. Select the Personal tab, then select Personal Income.
  2. Select the Select Specific Topics button.
  3. Click the Start or Revisit button next to Less Common Income.
  4. Select the Start or Revisit button next to Miscellaneous Income.
  5. Continue to the screen Any Miscellaneous Income?
  6. In the  Any Miscellaneous Income? screen, select  Archer MSA and health savings accounts (Form 1099-SA).
  7. Follow the on-screen instructions and continue through the Interview to enter your information for Form 1099-SA.

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