IRS Releases 2006 HSA, MSA Reporting Forms

January 16, 2006 – The IRS has released certain 2006 HSA tax year reporting forms and accompanying instructions, including Form 1099-SA, Distributions from an HSA, Archer MSA or Medicare Advantage MSA, and Form 5498-SA, HSA, Archer MSA or Medicare Advantage MSA Information. These are forms used by trustees, custodians and issuers to report HSA/MSA distributions and contributions. These forms and instructions may be accessed at the following:

Form 1099-SA: http://www.irs.gov/pub/irs-pdf/f1099sa.pdf

Form 5498-SA: http://www.irs.gov/pub/irs-pdf/f5498sa.pdf

2006 Instructions for Forms 1099-SA and 5498-SA: http://www.irs.gov/pub/irs-pdf/i1099sa.pdf