Tax season is coming. If you have a Health Savings Account (HSA), you’re probably already aware of the great tax benefits that come with it. But there are also some key HSA tax forms you should be aware of so you can make sure you have your finances in order before April 15.

Whether you’ve just graduated from college or it’s the first calendar year in which you’ve had a job, the thought of filing taxes can feel overwhelming. There are forms with letters and numbers, there are terms with which you might not be familiar-- it’s all very official and could leave you asking the question: Do I really need to do this? The answer? Most likely, yes.

Filing your tax return is a rite of passage that can seem daunting given all the rules and regulations. Deep breath. Using tax-prep software is a budget-friendly way to streamline the tax filing process that handles all the hard work, such as guiding you on all the forms you need to submit.

When you work as a freelancer, your clients pay you an agreed upon fee for your work and explicitly do not withhold any tax payments you owe on that income. The job of staying up-to-date with your federal tax payments is entirely dependent on you when you are a freelancer.

For most people, tax season is filled with endless amounts of paperwork. You may have to track down tax forms from your employer, retirement accounts, health savings accounts, and it can be difficult to stay on top of everything you need. If you're a full-time employee, you should receive a Wage and Tax Statement—also known as a W-2—sometime in January or February. Here's a closer look at the purpose of this form and why it matters when you are filing your taxes.

Tax Form 8889 is where the reporting for all of the activity on your HSA comes together and the form you’ll use to report said activity to the IRS. It’s a longer form than the others and has certain line items that could require you to complete calculations in order to arrive at the appropriate number for your situation (e.g. your maximum contribution limit and additional taxes owed).