Fidelity Investments - Understanding Contribution Reporting for Your Health Savings Account (HSA) - Form 5498-SA 2025

Sep 19, 2026

Fidelity Investments explains how contribution information for a Health Savings Account (HSA) is handled through IRS Form 5498-SA. It clarifies that Fidelity no longer issues the 5498-SA in January, and provides guidance on when it becomes available and how to use W-2 Box 12 code W for pretax totals. The guide describes Form 5498-SA reportable lines 2-6, including rollover amounts, fair market value, and account type, and notes that certain portfolio and beneficiary summaries are not reported to the IRS.

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CategoryForms

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Pages4

Reading Time2 min

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Form 5498-SA Overview

When to Expect Form 5498-SA

How to Report HSA Contributions on Your Tax Return

What Form 5498-SA Reportable Information Includes (Lines 2-6)

Supplemental Information: HSA Portfolio and Beneficiary Summary

Important Handling Notes and Tax Deductibility Guidance

FIDELITY INVESTMENTS Understanding Contribution Reporting for Your Health Savings Account (HSA) Fidelity Investments is committed to providing concise, detailed information so that you can complete your income tax returns and manage your accounts. The 5498-SA Tax Form is not required to report your HSA contributions so Fidelity no longer issues a 5498-SA in January. If you are expecting a 5498-SA it will be available in May. To report your HSA contributions on your tax return, you will need a copy of your W-2 for the total pretax contributions made by you through payroll or by your employer. This can be found in box 12, code W of your W-2 . If you made after-tax contributions in 2025 for 2025, please see your December HSA Statement. If you made after-tax contributions in 2026 for 2025, please see your most recent HSA Statement. If you made any rollovers in 2025, please check your Transaction History on [Fidelity.com](Fidelity.com). If you need your fair market value as of 12/31/2025, please refer to your December 2025 HSA Statement. The following 5498-SA Tax Guide provides information on what will be included on the form you receive in May. We suggest that you consult your tax advisor about the use of this information in preparing your income tax return. Your Form 5498-SA and Summary Statement FORM 5498-SA REPORTABLE INFORMATION Line 2: Reports total contributions received into your HSA in 2025 Line 3: Reports the total HSA contributions made in 2026 for 2025 Line 4: Reports any rollover contributions to your Fidelity HSA from another HSA or Archer MSA. See IRS Form 8853 or IRS Form 8889 and their instructions for information on how to report distributions and rollovers. This amount is not included in lines 2 or 3. Line 5: Shows the fair market value of your Fidelity HSA at the end of 2025 . Please refer to your online Transaction History on [Fidelity.com](Fidelity.com) for your 12/31/25 fair market value. Line 6: Shows the type of account that is reported on Form 5498-SA. Other information: The trustee of your Fidelity HSAmay provide other information about your account on this form. Note: Do not attach Form 5498-SA to your income tax return. Instead, keep it foryour records. Generally, contributions you make to your Fidelity HSAare made on a pretax basis via payroll deduction and are not deductible. Any contributions you make on an after-tax basis—via check, for example—are tax deductible. In addition, you cannot deduct employer contributions to an HSA. See IRS Form 8889,“Health Savings Accounts (HSAs),”and its instructions. Any employer contributions made to HSAs are shown on your Form W-2 in Box 12 (code W) . For more information, see IRS Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans. This form is for illustrative purposes only. Certain information on the form may not pertain to your account(s) . HSA PORTFOLIO This information is not reported to the IRS. The HSA Portfolio section lists the holdings in your Fidelity HSA reported as of December 31, 2025. The section also includes the 2025 and 2024 fair market values of your portfolio as of December 31. HSA BENEFICIARY SUMMARY This information is not reported to the IRS. The HSA Beneficiary Summary section of your Form 5498-SA provides a detailed list of the beneficiaries on file for your Fidelity HSA as of April 30, 2026. It is important to check your beneficiary information periodically and make necessary updates. To update your beneficiary information online, go to [Fidelity.com/beneficiary](Fidelity.com/beneficiary). HSA assets generally pass to beneficiaries outside the instructions of a will. Your designated beneficiaries will receive your Fidelity HSA assets after your death, according to the Fidelity HSA Custodial Agreement. A C B National Financial Services LLC Agent for Fidelity Personal Trust Company P.O. Box 28019 Albuquerque, NM 87125-8019 Envelope 0000 000000 10 C

FAQs

When will the 5498-SA be available and is it required to report HSA contributions?

Fidelity no longer issues the 5498-SA in January. It becomes available in May, and Fidelity indicates the form is not required to report your HSA contributions.

Which document should be used to report pretax HSA contributions on a tax return?

Use your W-2 for the total pretax contributions made through payroll or by your employer, found in Box 12, code W.

What do Lines 2 through 6 on Form 5498-SA cover?

Line 2 reports total contributions received in 2025. Line 3 reports total HSA contributions made in 2026 for 2025. Line 4 reports rollover contributions. Line 5 shows fair market value at the end of 2025, and Line 6 shows the account type.

Sep 19, 2026

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