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Overview

eFile Form 5498-SA Online

Easily prepare and file Form 5498-SA with eFileMyForms to report contributions made to a Health Savings Account (HSA), Archer Medical Savings Account (Archer MSA), or Medicare Advantage Medical Savings Account (MA MSA).

What is Form 5498-SA?

Form 5498-SA is an IRS information return used to report total contributions made to a Health Savings Account (HSA), Archer Medical Savings Account (Archer MSA), or Medicare Advantage Medical Savings Account (MA MSA) during the tax year.

The form must be filed by the trustee or custodian of the account with the Internal Revenue Service. A separate Form 5498-SA is required for each type of account maintained for an individual.

 

What Does Form 5498-SA Report?

Form 5498-SA reports contribution activity for medical savings accounts and is filed by the account trustee or custodian with the Internal Revenue Service.

The following items are reported on Form 5498-SA:

  • Contributions received
    Total contributions made to a Health Savings Account (HSA), Archer Medical Savings Account (Archer MSA), or Medicare Advantage Medical Savings Account (MA MSA) during the tax year.

  • Rollover contributions
    The receipt of rollovers, including:

    • Rollovers from one Archer MSA to another Archer MSA

    • Rollovers from an Archer MSA or HSA to an HSA

  • Account activity in the year of death
    In the year an HSA, Archer MSA, or MA MSA account holder dies, a Form 5498-SA must generally be filed and a statement furnished for the decedent to report applicable contributions or rollover activity.

Form 5498-SA helps the IRS track medical savings account contributions and rollover activity for compliance and record keeping purposes.

Form 5498-SA IRS Deadlines

For the 2025 tax year, the deadline to e-file Form 5498-SA with the Internal Revenue Service and to furnish the participant’s copy is June 1, 2026

If the deadline falls on a weekend or federal holiday, it moves to the next business day.

Information Needed to File Form 5498

To accurately complete Form 5498-SA, the following information must be collected and reported to the Internal Revenue Service by the account trustee or custodian.

1. Trustee Details

Information about the entity administering the account:

  • Legal name

  • Taxpayer Identification Number (TIN)

  • Mailing address

  • Contact information

2. Participant Details

Information about the account holder:

  • Name

  • TIN

  • Address

  • Contact information

3. Contribution Details

This section reports contribution and account activity, which may include:

  • Regular contributions made by an employee or self-employed individual to an Archer MSA

  • Total contributions made to an HSA or Archer MSA during the applicable tax year(s)

  • Rollover contributions, when applicable

  • Fair Market Value (FMV) of the account (HSA, Archer MSA, or MA MSA)

  • Type of account (HSA, Archer MSA, or Medicare Advantage MSA)

How to File Form 5498-SA Online with eFileMyForms

Filing your 5498-SA forms online is faster, more accurate, and more affordable than traditional paper filing. Our streamlined process takes just minutes:

Step 1: Enter Payee and Payer Details

Choose the method that works best for your business:

  • Manual entry: Perfect for businesses filing 1-10 forms
  • Excel/CSV upload: Bulk import for 10-100 forms using our template

Step 2: Enter Form 1098 Information

Complete all required information for Form 1098 and put in total amounts for each box. 

Step 3: Review and Validate

Our system automatically checks for common errors including:

  • Missing or invalid TIN numbers
  • Incorrect name/TIN combinations
  • Address formatting issues
  • Missing required information

Step 4: Submit and Deliver

Once you approve your forms:

  • We e-file directly with the IRS (same business day for submissions before 5 PM ET)
  • Recipient copies are printed and mailed via USPS
  • You receive confirmation of IRS acceptance
  • All forms stored securely for 3+ years

Get Starting Filing Form 5498 Today

Frequently Asked Questions to IRS Form 5498 

What changes happen with IRS Reporting After the Death of the Account Holder?

In the year an HSA, Archer MSA, or Medicare Advantage MSA (MA MSA) account holder dies, the trustee or custodian is generally required to file Form 5498-SA and furnish a statement for the decedent.

How the account is treated depends on the designated beneficiary:

If the Designated Beneficiary Is the Surviving Spouse

  • The surviving spouse becomes the account holder of the HSA or Archer MSA.

  • An MA MSA is treated as the spouse’s Archer MSA for distribution purposes, but no new contributions may be made to the account.

If the Designated Beneficiary Is Not the Spouse (or No Beneficiary Is Named)

  • The account ceases to be treated as an HSA, Archer MSA, or MA MSA.

  • Reporting requirements still apply for the year of death.

 

When Must Form 5498-SA Copies Be Provided to Participants?

If you are required to file Form 5498-SA, you must provide Copy B to the participant (or decedent’s representative) by June 1, 2026.

Optional FMV Statement

You may choose to send a separate statement showing the fair market value (FMV) of the account as of December 31, 2025. While this statement is optional, if provided it should be furnished by February 2, 2026.

Special Rule When No Contributions Were Made

If both of the following conditions are met:

  • You furnished the FMV statement by February 2, 2026, and
  • There were no reportable contributions or rollovers for the account,

Then:

  • You do not need to send an additional participant statement reporting zero contributions.
  • You must still file Form 5498-SA with the Internal Revenue Service by June 1, 2026 to report the account’s FMV as of December 31, 2025.
Start Filing Your 5498-SA Forms Online Today

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