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Announcement 7 T D 9022 Extension of Time Form 1099 Aclweb

Announcement 7 T D 9022 Extension of Time Form 1099 Aclweb

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video we'll be going over IRS form 1099-sa distributions from an HSA Archer MSA or Medicare Advantage MSA so this tax form is used to report distributions that taxpayers either receive directly from their savings account whether it's a health savings account Archer medical savings account which is the predecessor to the HSA or a Medicare Advantage uh MSA which is set up for specific people to receive uh government payments of their Medicare uh premiums so uh the 1099-sa should not be confused with IRS form 5498-sa which is the tax form that reports contributions to one or more of those accounts so this is a fairly straightforward tax form it's an informational tax form that recipients should expect to receive by the 31st of January in the year following the the distribution so on the left left hand side of the form we have all of the information for both the trustee which is usually the the institution or the payer of the account custodian so in this case Acme s

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