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Entering Form 5498-SA in ProSeries

SOLVEDby IntuitProSeries Basic67Updated September 13, 2021

ProSeries does not have a dedicated 5498-SA worksheet. Information from the 5498-SA may be needed to complete Form 8853, Archer MSA's and Long-term Care Insurance Contracts or Form 8889, Health Savings Accounts (HSAs).

For Medical Savings Account MSA:

  1. If the MSA Contributions were made through the employer, they should be shown on the W-2 Worksheet, box 12 with a code R. Make sure these account for the contributions on the 5498-SA.
  2. If the MSA Contributions we're made by the taxpayer/spouse outside their employer:
    1. Press F6 to bring up Open Forms.
    2. Type 8853 and select OK.
    3. Scroll down to the Part 1 Smart Worksheet.
    4. Select the QuickZoom to limitations worksheet.
    5. Complete the MSA information and enter the contributions on line 1.
  3. For more information about Form 8853, go to the Form 8853 Instructions.

For Health Savings Account HSA:

  1. If the HSA Contributions were made through the employer, they should be shown on the W-2 Worksheet, box 12 with a code W. Make sure these account for the contributions on the 5498-SA.
  2. If the HSA Contributions we're made by the taxpayer/spouse outside their employer:
    1. Press F6 to bring up Open Forms.
    2. Type 8889 and select OK.
    3. In the Line 3 Smart Worksheet fill in the information about the type of plan.
    4. Enter the contributions on line 2.
  3. For more information about Form 8889, go to the Form 8889 Instructions.

For more information about the Forms 1099-SA and 5498-SA, see  Instructions for Forms 1099-SA and 5498-SA

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