1040-US: Entering Archer MSA and Medicare Advantage MSA distributions

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Question

How do I enter distributions from a Medicare Advantage Archer MSA?

Answer

Enter distributions, unreimbursed expenses, and exceptions to the additional 50 percent tax in the Additional Information section in Screen 1099SA. In addition, enter the value of the account in the If MA (Medicare Advantage) MSA, enter value of account on 12/31/16 field. The additional 50 percent tax calculates based on the worksheet contained in the Form 8853 instructions.

Related topic: Medical and health savings accounts FAQs (1040)

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