HSA Excess Contribution

Question

I'm seeing this question - "Enter the value of all of your health savings accounts as of December 31, 2025, including 2025 contributions made during 2026". I don't have access to the 5498 SA until May so I can't use this. Am I supposed to report the FMV of only the contributions made for 2025? Or the total value on Dec 31 2025, which would include contributions from previous years?

pandaexpressfan_1 · Answer

Yes that is correct. I just recently did this myself on my taxes. I was able to login to my HSA and find a yearly statement that contained the balance as of dec 31st 2025.

JanaA · Answer

Hello naz! Yes, that's correct. You'll need to enter the total value of your HSA account as of December 31, 2025, which includes contributions from all prior years, earnings, and any 2025 contributions made during 2026 (up to the tax deadline). It is not limited to just the contributions made for 2025.

naz · Answer

So I need the total value on Dec 31 2025, which would include contributions from previous years?