Form 1099-SA - Entering Distributions from a Health Savings Account (HSA) or MSA
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There are two ways to enter information from the Form 1099-SA Distributions From an HSA, Archer MSA, or Medicare Advantage MSA.

To enter or review information for distributions from an HSA:

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click Health Savings Accounts (HSA) in the Federal Quick Q&A Topics menu to expand, click HSA distributions, then click Yes.
  3. Continue with the interview process to enter all of the appropriate information.

To enter or review information distributions from an Archer MSA or a Medicare Advantage MSA:

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click Other Income in the Federal Quick Q&A Topics menu to expand, then click MSA Distributions (Form 1099-SA).
  3. Click + Add Form 1099-SA to create a new copy of the form or click Edit to review a form already created.
  4. Continue with the interview process to enter all of the appropriate information.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.