IRS Form 5498-SA (Tax Year 2024)
HSA, Archer MSA, or Medicare Advantage MSA Information
Software
$289.95
- Use the software today!
- Transmit directly to the IRS.
- Requires a TCC code issued by the IRS and IDme account.
- File originals or corrections for current or prior years.
- Software imports up to 2,500 records. Additional 10,000 record increments can be purchased by calling sales at (480) 706-6474.
Outsourcing
Call for a quote.
- We assign a real person to review your data.
- No TCC required. No IDme. No finger print.
- Let our trained staff import your data from excel, print and mail, and electronically file on your behalf using our TCC number.
- Custom quotes tailored specifically to your needs. We are committed to providing you with exceptional service and competitive pricing.
Software AdvantagesSecure Transmission
Your data is sent directly to the IRS or state portals. Because of this, your information never passes through the cloud or third-party servers.
Excel Integration
Quickly import data from Excel (XLS or XLSX). Download a sample file to get started.
Simple Printing
Print Copy B on plain paper with black ink. No special forms are required. Forms fit neatly into a standard #10 double-window envelope.
Error Reduction
Our software checks for errors before submission. As a result, processing is faster and IRS rejections are less likely.
Free Technical Support
Speak directly with a local support specialist. We are here to answer questions and resolve issues quickly.
1099FIRE can handle the entire process for you—printing, mailing, and electronically filing originals, corrections, or prior-year returns with the IRS and state agencies through the Combined Federal/State Filing (CF/SF) program.
Assigned Representative
Each customer is paired with a dedicated representative who has 15+ years of tax filing experience, ensuring expert, personalized support.
Lower Administrative Burden
Outsourcing frees your internal resources to focus on core operations. As a result, your team saves time and avoids unnecessary stress.
No TCC or ID.me Required
We eliminate the need for Transmitter Control Codes (TCC) or IRS ID.me verification—removing common obstacles for businesses.
High-Volume & Complex Filing Support
We manage large-volume filings, multiple payers, state filings, bulk TIN matching, and more, all securely transmitted through the CF/SF program.
Custom Quotes
Every project is unique. Because of this, we provide tailored quotes instead of one-size-fits-all pricing. Call us at (480) 706-6474 to discuss your filing needs.
The IRS now requires electronic filing of 10 or more information returns beginning with tax year 2023.
Key Requirements
If you filed a TCC application before September 26, 2021, you must reapply and verify identity through ID.me.
Paper filing is only allowed if you have 10 or fewer returns.
As a result, more companies are adopting third-party e-filing services.
Get Help
Contact 1099FIRE at (480) 706-6474 to discuss outsourcing options and ensure compliance with the new rules.
Original Filings
Submit brand-new returns confidently with our software or outsourcing service.
Corrections
Quickly fix errors and resubmit corrected forms to stay compliant.
Prior Years
Electronically file late or amended returns for past tax years without hassle.
Our solutions are designed to handle every filing scenario—whether current, corrected, or prior year.
IRS Form 5498-SA is used by trustees or custodians of Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), and Medicare Advantage MSAs to report contributions and other information about these accounts to the IRS and account holders. These accounts are designed to help individuals save for qualified medical expenses on a tax-advantaged basis.
Who Files Form 5498-SA
The trustee or custodian of the HSA, Archer MSA, or Medicare Advantage MSA (such as a bank or financial institution) is responsible for filing Form 5498-SA.
Who Receives Form 5498-SA
The IRS receives a copy of Form 5498-SA directly from the account custodian. The account holder (the individual who owns the HSA or MSA) also receives a copy for their records, as it provides essential information for tax reporting.
Purpose of Form 5498-SA
Form 5498-SA helps account holders track their contributions, which they can use to confirm or adjust information when filing their tax return.
When to File and Receive Form 5498-SA
Trustees or custodians must file Form 5498-SA with the IRS by May 31. A copy must also be provided to account holders by May 31, after the tax-filing deadline.
