<\/span><\/h2>\n<\/p>\n
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.<\/b><\/p>\n<\/span>What happens if you don’t file form 8889?<\/span><\/h2>\nIf you do not Amend and file Form 8889, the IRS will deem all of the HSA Distributions as non-qualified and will add them to your Taxable Income.<\/b><\/p>\n<\/span>What is the difference between form 8889 T and 8889 s?<\/span><\/h2>\nForm 8889-T is the TurboTax designated form where the taxpayer would report the activity on his Health Savings Account (HAS). The spouse’s activity would be reported on Form 8889-S in TurboTax. They are used because both the taxpayer and spouse can each have a HSA. The IRS form is just the Form 8889.<\/p>\n
<\/span>Do I have to file an 8889?<\/span><\/h2>\nYou 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.<\/b><\/p>\n<\/span>Do I have to report my HSA on my tax return?<\/span><\/h2>\nIf you do not Amend and file Form 8889, the IRS will deem all of the HSA Distributions as non-qualified and will add them to your Taxable Income.<\/b><\/p>\n<\/span>What is form 8889 T used for?<\/span><\/h2>\nThe purpose of Form 8889 is to report contributions, figure your tax deduction, report distributions, and determine the tax and penalty to be applied to any contributions you make in excess of your prorated ceiling if you lose your eligibility to fund your account during the calendar year.<\/p>\n
<\/span>Where can I get 8889 T?<\/span><\/h2>\nTurboTax fills in form 8889 based on your entries in the HSA interview. You get to the HSA interview by doing a Search (upper right) for hsa (lower case and without the double quotes), and jumping to it.<\/b><\/p>\n<\/span>Can I file form 8889 with TurboTax?<\/span><\/h2>\nNo, Turbotax Free Edition does not include Form 8889.<\/b><\/p>\n