File Form 5498-SA Online TaxBandits offers a simple solution for preparing and filing Form 5498-SA, which reports contributions made to an HSA, an Archer MSA, or a Medicare Advantage MSA. E-file 5498-SA Now How to File Form 5498-SA A Complete Solution for Form 5498-SA Filing Distribute Participant Copies by Mail or Online Access AI-powered Assistance at Every Step World-Class Customer Support PRO Features Built for Tax Professionals Comprehensive Client Management Effortless Team Management Custom Reports See how TaxBandits beats the competition—A comparison with other providers. Learn more Form 5498-SA: Key Insights Form 5498-SA is filed by the trustee or custodian of a Health Savings Account (HSA), Archer Medical Savings Account (MSA), or Medicare Advantage MSA to report contributions made to these accounts to the IRS. The deadline to e-file Form 5498-SA with the IRS and distribute a participant copy is June 02, 2025. Get Started Now Why Choose TaxBandits to E-file Form 5498-SA? Explore the outstanding features that make TaxBandits the ideal choice for filing 5498-SA forms online. Data Validations Federal Compliance Participant Copy Distribution Other Benefits Internal Audit Check Our application automatically audits your completed 5498-SA forms for common errors and ensures compliance before submission. TIN Matching Verify the participant’s TINs against the IRS database to ensure accuracy and reduce rejections due to incorrect TINs. IRS Business Validation TaxBandits ensures that your 5498-SA returns comply with IRS business rules by identifying and correcting errors before transmission. Free USPS Validation Ensure secure and accurate delivery of Form 5498-SA copies by validating participant addresses with the USPS database. IRS E-filing TaxBandits ensures secure, accurate, and timely e-filing of Form 5498-SA with the IRS, meeting all compliance requirements. Automatic 1096 Generation When you e-file Form 5498-SA with TaxBandits, Form 1096 is automatically generated for recordkeeping purposes. Free 5498-SA Corrections TaxBandits allows you to e-file 5498-SA corrections for forms previously filed with the IRS at no additional cost. Free Retransmission TaxBandits allows you to correct and resubmit Form 5498-SA for free if the IRS rejects it, ensuring tax compliance. Postal Mailing Ensure the timely delivery of the participant copies through postal mailing and tracking their status from transit to delivery. Online Access Participants get lifetime access to a secure online portal; if not accessed within a week, Form 5498-SA is mailed automatically. Postal Mailing + Online Access 10% OFF Send Form 5498-SA copies using both postal mail and online access. Choose the combo to save 10% and ensure recipients receive their forms securely—whether delivered by mail or available online. Self-Service Print and Mail Prefer distributing participant copies yourself? Simply download, print, and mail Form 5498-SA with ease. BanditCash - Wallet Make every checkout smooth and stress-free by effortlessly adding funds to your wallet and managing payments. Address Book You can import trustee and participant details manually or in bulk into your Address Book for future 5498-SA filings. AI Chatbot Our AI-powered chatbot offers real-time answers and solutions to your filing questions, which makes your 5498-SA filing process easier. Knowledge Base Our Help Center offers the guidance you need with detailed guides, expert tips, and informative articles. Schedule Filing Schedule your 5498-SA return in advance to ensure timely filing. You can edit form details, reschedule the filing date, cancel the scheduled date, or e-file immediately with confidence. World-Class Customer Support Our support team helps you throughout the 5498-SA filing process through email, phone, and live chat. E-file 5498-SA Now Exclusive Pro Features for Tax Professionals Improve your tax filing process and streamline workflows with premium features developed explicitly for tax professionals. Team Management Securely invite team members to manage filings for your clients with their own credentials. Assign the roles of preparer, approver, or transmitter to delegate tasks and streamline workflows. 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. Custom Reports Access detailed reports to gain insights into team performance and client filings. Leverage in-depth analytics to make informed decisions and enhance productivity. Learn More Request Demo Contact our team at (704) 684-4758 to explore custom pricing options for high-volume filing! Information Required to E-file Form 5498-SA Online The following information is required to complete Form 5498-SA with the IRS: 01 Trustee’s Details: Name, TIN, Address, and Contact Information 02 Participant’s Details: Name, TIN, Address, and Contact Information 03 Contribution Details: This includes, 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 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! Get Started Now How to file Form 5498-SA Online with TaxBandits? TaxBandits offers a seamless solution to e-file your Form 5498-SA with the IRS. Step 1: Select Form 5498-SA Select Form 5498-SA from the dashboard. Step 2: Enter Form 5498-SA Information Enter the required Form 5498-SA information manually in the respective fields. Step 3: Choose Distribution Options Distribute 5498-SA copies to the participants via postal mailing, online access portal, or a combination of both. 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? Get Started Now Our Customer Reviews Trusted and loved by users like you. 4.9 rating of 52,784 reviews M Michael Morris TaxBandits made it simple to file Form 5498-SA for our HSA accounts. The intuitive interface and helpful prompts ensured we didn’t miss a single detail. J Jay Polonsky Very easy navigation going forward and backwards. I usually have trouble online with confusing instructions. Yours is very easy. A Allen Cohen Easy and reasonably priced. Great customer service! I Igor Mandryka I appreciated the clear layout and instructions when preparing our 5498-SA forms. It helped us stay on track during tax season. View More Reviews Frequently Asked Questions About Filing Form 5498-SA Online What is Form 5498-SA? 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. 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. Are you ready to report your 5498-SA Form? Get started with TaxBandits. Start E-Filing Now When is the Form 5498-SA E-Filing Deadline for the 2024 Tax Year? The deadline for e-filing Form 5498-SA with the IRS and to distribute the participant’s copy for the 2024 tax year is June 02, 2025. 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. When Must Form 5498-SA Copies be Provided to Participants? If you need to file Form 5498-SA, you must send a copy of it (Copy B) to the participant by June 2, 2025. You can also send them a statement indicating the fair market value (FMV) of the account as of December 31, 2024, although it is not required. If you decide to do this, you should send it by January 31, 2025. If you have furnished the FMV statement of the account to the participant by January 31, 2025, and there are no reportable contributions (including rollovers) into the account, then: You don’t need to send another statement to the participant to report zero contributions. However, you still need to file Form 5498-SA with the IRS by June 02, 2025, to report the account’s fair market value(FMV) as of December 31, 2024. If you do not furnish another statement to the participant because there were no reportable contributions for the year, you must still include the fair market value (FMV) of the account, and it must contain a note(legend) explaining what information is reported to the IRS. E-File 5498-SA Now Success Starts with TaxBandits An IRS Authorized E-file provider you can trust Create a Free Account X How to file Form 5498-SA Online with TaxBandits? Choose Form 5498-SA Choose Form 5498-SA from the Dashboard. Next Select the Tax Year Navigate to the Next tab to choose the year (2024, 2023, and 2022) you want to file for. Back Next Enter Form 5498-SA Details Enter the required information and Contribution & Rollover information on Form 5498-SA. Back Next Summary of Federal Filing Generate the draft forms in PDF or export them in CSV format and review the details by sending them to your recipients. Back Next Distribute Participant Copies Send 5498-SA copies to the participants through postal mailing, secure online access portal, or a combination of both. Back Next Filing Summary Review the summary, edit the preference to verify the TIN and address, and then choose to transmit immediately or schedule for later. Back Next Track your Filing Status You can track the filing status with the IRS, and also track the status of the Recipient copy distribution. Request Demo Start Over Get Started Now