What tax forms will I receive regarding my HSA?
You may receive two tax forms for your Alerus HSA, Forms 1099-SA and 5498-SA, in January/early February. Alerus files these forms with the IRS by January 31 each year. If you have an HRA, FSA, or Commuter benefit you do not need to report these on your tax forms and you will not receive any tax documentation from Alerus.
Form 1099-SA reports total distributions paid from your HSA, including checks or direct deposits we issued you and any HSA debit card purchases you made within the tax year.
Form 5498-SA (informational purposes only)
Form 5498-SA reports total contributions for the prior tax year, as well as the fair market value of your HSA as of the end of the year. This form is not part of your tax return.
You’ll use the information from your 1099-SA and/or 5498-SA to complete Form 8899 when filing your tax return. Alerus does not issue this form. Learn more.
To access your tax forms online:
- Log into My Alerus.
- New users? Set up online access.
- Select Your HSA Plan and then choose Manage My Account.
- Select the Message Center tab.
- Click View Statements. Tax forms will be under HSA Tax Statements.