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IRS 8889 2022 free printable template

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Form8889Department of the Treasury Internal Revenue ServiceHealth Savings Accounts (Has)OMB No. 154500742022Attach to Form 1040, 1040SR, or 1040NR. Go to www.irs.gov/Form8889 for instructions and
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How to fill out 8889 form

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How to fill out form 8889:

01
Gather all necessary information such as your personal details, healthcare coverage information, and contributions to health savings accounts (HSAs).
02
Start filling out Part I of the form, which requires you to provide information about your HSA contributions, distributions, and any excess contributions.
03
Move on to Part II, where you need to report any employer contributions made to your HSA.
04
Proceed to Part III, where you will calculate the additional tax liability resulting from excess HSA contributions.
05
Review all the information you entered, making sure it is accurate and complete.
06
Sign and date the form before submitting it.

Who needs form 8889:

01
Individuals who have contributed to a health savings account (HSA) during the tax year are required to fill out form 8889.
02
Individuals who have received any distributions or made excess contributions to their HSA must also complete this form.
03
Form 8889 is essential for taxpayers who want to claim tax deductions or report taxable distributions related to their HSA.

What is Form 8889 2022?

IRS form 8889 is used to report:

  • Health Saving Accounts (HSA) distributions (money the account owner takes out of their account),
  • HSA contributions (money the account owner or their employer deposits to the account),
  • HSA deductions.

The form also covers the account holder’s eligibility. Include the deduction you calculate in this form on your tax return.

Who should file Tax Form 8889 2022?

File 8889 Form if you have a Health Saving Account and contributed to your HSA; received distributions from your HSA; altered your eligibility for HSA during the year, or were designated as an HSA beneficiary.

What information do you need to file Form 8889?

IRS form 8889 consists of three sections.

In Part I, provide the information on the total amount of contributions deposited to your HSA and distributions you qualify for and calculate your deduction (if applicable).

Part II reports total distributions from one or multiple Health Saving Accounts and provides the total amount of qualified medical expenses. Confirm what expenses are eligible before continuing to fill out the form. For more information, review Form 8889 instructions.

In Part III, state any changes you made to your health care plan or your HSA eligibility for 2022.

How do you fill out Form 8889 in 2023?

Services like pdfFiller, allow you to fill out Form 8889 online quickly. Here’s how to proceed:

  1. Click the Get Form button to open the form in pdfFiller.
  2. Review the form and enter your information.
  3. View the Form 8889 instructions as you fill out the form.
  4. Use annotation and editing tools to complete the document.
  5. Click DONE when you’ve finished the form.
  6. Save the form to your computer or select to combine your 8889 form with the 1040 form using our editor.

Is Tax Form 8889 accompanied by other forms?

When filing your tax return, submit IRS Form 8889 with Form 1040 (or related 1040 forms).

When is Form 8889 due?

The deadline for submitting the form would be April 18, 2023, unless you applied for an extension.

Where do I send Tax Form 8889?

Send Form 8889 along with the 1040 Form to your state’s IRS mailing address.

Video instructions and help with filling out and completing form 8889

Instructions and Help about irs form 8889

Hey there YouTube so for this video I wanted to cover a simple example of the health savings account form 88.89 that is included with your form 1040 tax return if you make any HSA contributions or take any distributions during the year, so the form should definitely be filled out if you personally made any HSA contributions, or you had contributions via your employer okay, and you'll be able to find that on your w-2 that you receive at the end of the year so in this example here we have uh john q taxpayer he's an individual single filing taxpayers and non-married and in artifact pattern here john has a high deductible insurance plan, and he has contributions to his health savings account by both his employer, and he's going to make some additional contributions and so how do we complete the form well the first issue is always what's a high deductible plan so if we look at the healthcare.gov site and this is really important to know you know before you start contributing to an HSA the IRS defines a high deductible plan as any plan with a deductible of at least x number of...

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People Also Ask about form 8889 for

If you have an HSA, you need to include information from two IRS forms – Form 1099-SA and Form 8889 – on your 1040 tax form. Form 1099-SA reports the total distributions (withdrawals) made from your HSA account during the taxable year. Form 8889 reports all contributions made to your account.
Use Form 8889 to: Report health savings account (HSA) contributions (including those made on your behalf and employer contributions), Figure your HSA deduction, Report distributions from HSAs, and. Figure amounts you must include in income and additional tax you may owe if you fail to be an eligible individual.
Am I required to report information contained on Form 1099-SA on my federal income tax return? Yes. Distributions from HSAs are generally reportable on IRS Form 1040 and Form 8889.
Last-month rule. If you are an eligible individual on the first day of the last month of your tax year (December 1 for most taxpayers), you are considered to be an eligible individual for the entire year, so long as you remain an eligible individual during the testing period as discussed below.
You must always file a Form 8889 in any year you or an employer contributes money to your HSA or you make withdrawals from the account. The deduction you calculate on Form 8889 is taken on the first page of your income tax return.
Use Form 8889 to: Report health savings account (HSA) contributions (including those made on your behalf and employer contributions), Figure your HSA deduction, Report distributions from HSAs, and. Figure amounts you must include in income and additional tax you may owe if you fail to be an eligible individual.
Tax reporting is required if you have a Health Savings Account (HSA). You may be required to complete IRS Form 8889. HSA Bank provides you with the information and resources to assist you in completing IRS Form 8889 regarding your HSA.
You will receive the IRS Form 1099-SA and IRS Form 5498-SA either by mail or electronically (based upon your elected delivery preference). These IRS tax forms are also available in the Member Website. IRS Form 1099-SA is provided for each HSA distribution you made in the current tax year.
You must always file a Form 8889 in any year you or an employer contributes money to your HSA or you make withdrawals from the account. The deduction you calculate on Form 8889 is taken on the first page of your income tax return.
File Form 1099-SA to report distributions made from a: Health savings account (HSA). Archer Medical Savings Account (Archer MSA). Medicare Advantage Medical Savings Account (MA MSA).
You must always file a Form 8889 in any year you or an employer contributes money to your HSA or you make withdrawals from the account. The deduction you calculate on Form 8889 is taken on the first page of your income tax return.
They will send you a letter and proposed additional taxes, penalties, and interest. If any of the payments/purchases you made with your debit card were not for qualified medical expenses then those amounts are taxable and subject to a 10% penalty.
File Form 8889 to: Report health savings account (HSA) contributions (including those made on your behalf and employer contributions). Figure your HSA deduction. Report distributions from HSAs.
If, during the tax year, you are the beneficiary of two or more HSAs or you are a beneficiary of an HSA and you have your own HSA, you must complete a separate Form 8889 for each HSA.
IMPORTANT: You WON'T get the 1099-SA form if you DIDN'T withdraw funds from your HSA in the previous year. The 5498-SA form is typically delivered the month after the tax filing deadline, allowing any contributions made in the current year for the prior year to be included.

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Form 8889 is required to be filed by any taxpayer who made contributions to a Health Savings Account (HSA) or a Qualified Tuition Program (QTP)/Coverdell Education Savings Account (ESA) during the taxable year.
Form 8889 is used to report contributions made to a Health Savings Account (HSA), Archer Medical Savings Account (Archer MSA), or Medicare Advantage MSA. It is also used to calculate the allowable deduction for contributions made to an HSA or Archer MSA, as well as to report any distributions from an HSA, Archer MSA, or Medicare Advantage MSA.
Form 8889 is used to report contributions to a Health Savings Account (HSA), Archer Medical Savings Account (Archer MSA) or Medicare Advantage MSA (MA MSA). On form 8889, the taxpayer must report the following information: 1. The total contributions made to the HSA, Archer MSA or MA MSA during the tax year. 2. Any distributions made from the accounts during the tax year. 3. Any employer contributions made to the accounts during the tax year. 4. Any investment earnings received from the accounts during the tax year. 5. Any adjustments to the accounts due to prior distributions or contributions. 6. Any qualified medical expenses paid out of the accounts during the tax year. 7. Any penalties paid due to improper distributions from the accounts.
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