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  1. #1
    Join Date
    Feb 2016
    Posts
    6

    Post Reporting Health Savings Account Activity, IRS Form 8889

    Dear forum!

    Here is the situation: Brother married and had chosen family coverage in a HDHP plan with HSA for January thru June. Wife then got another job and started insurance plan (not HDHP w/ HSA) as self-insured only at her job. Brother then switched coverage from July-Dec as self-only coverage in the same HDHP w/ HSA plan.

    Contribution on W2, box 12W was $1792.50 ($480 taken from paychecks, $1312.50 employer contribution for the year).

    Questions: Brother and his wife are married, filing taxes jointly. Do I fill out a separate Form 8889 for each of them? They don't have separate HSA accts (only HSA was what was contributed to the plan while they were on a family plan together for the first 6 months), so I am assuming one form for both will be good...correct?

    But then Part I, 1-should it be self or family coverage (for each, if filing separate forms, or both?). What to put on lines 3 and 6? For line 3-he was considered an eligible individual on the first day of the last month of the tax year, but she wasn't...so if I use the Limitation chart n WS to calculate the amt then I get two different amounts for each of them-how would that work if I'm filling only one form 8889? Agh!

    I keep reading and re-reading the instructions , but his particular situation is not listed as an example...since the wife doesn't continue having another HSA acct at her other job...

    Thank you for any and all help!

  2. #2
    Join Date
    Sep 2005
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    Posts
    98,846

    Default Re: Reporting Health Savings Account Activity, IRS Form 8889

    Quote Quoting TaxFrk80
    View Post
    Do I fill out a separate Form 8889 for each of them?
    Why are you doing anything? Are you a professional tax preparer?

    You are telling us that there is only one HSA, so I'm not sure what the problem would be. One HSA, one form. If both spouses had HSAs you would look at the instructions for more guidance.

    For line 3, there's an explanation and chart in the instructions. For line 6, as you told us that there was only one HSA, you put in the amount associated with the single HSA.

  3. #3
    Join Date
    Oct 2006
    Posts
    16,474

    Default Re: Reporting Health Savings Account Activity, IRS Form 8889

    Quote Quoting Mr. Knowitall
    View Post
    Why are you doing anything? Are you a professional tax preparer?

    You are telling us that there is only one HSA, so I'm not sure what the problem would be. One HSA, one form. If both spouses had HSAs you would look at the instructions for more guidance.

    For line 3, there's an explanation and chart in the instructions. For line 6, as you told us that there was only one HSA, you put in the amount associated with the single HSA.
    That doesn't answer the question as to whether to indicate that it is a single plan or a family plan. Since both of them were covered by the HSA for at least part of the year, I would mark it as a family plan.

  4. #4
    Join Date
    Feb 2016
    Posts
    6

    Default Re: Reporting Health Savings Account Activity, IRS Form 8889

    I am not a professional tax preparer, therefore my questions to this forum. I am doing my brother's taxes, as I have in the past. This year he had these changes that made me confused. Thank you for the reply.

    Thank you IIworking, I'll mark it as family then!

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