Registered Tax Return Preparer RTRP Practice Exam 2025 - Free Tax Return Preparation Practice Questions and Study Guide

Form 8889 is specifically designed to report the contributions to and distributions from a Health Savings Account (HSA). This includes reporting any additional taxes that may apply due to various reasons, such as excess contributions or distributions not used for qualified medical expenses. When taxpayers utilize an HSA, they must complete Form 8889 to provide necessary information about their account activities, ensuring accurate reporting and compliance with IRS regulations.

Other forms mentioned do not serve this purpose; for instance, Form 1040 is the standard individual income tax return form but does not provide the specific details needed for HSAs. Form W-2 is used to report wages and tax withholdings from employers, and Schedule C pertains to profit or loss from a business or profession, not health savings accounts. Thus, Form 8889 is the correct form for reporting additional taxes related to HSAs.