Form 5498, IRA Contribution Information
Form 5498 is the information return IRA trustees and custodians use to report contributions, rollovers, conversions, and year-end values for each IRA they maintain. Fill in the official PDF online and download the copies you need.
This is the genuine IRS PDF, unmodified. Source: IRS official page.
What is 5498?
Form 5498, IRA Contribution Information, is filed by the financial institution that acts as trustee or custodian of an individual retirement arrangement. A separate form is prepared for each person for whom an IRA is maintained, including deemed IRAs under section 408(q), and it reports contributions, rollover amounts, Roth conversions, recharacterizations, required minimum distribution details, and the fair market value of the account.
Account owners do not file Form 5498 with their tax returns. It is an informational copy that helps them confirm what the custodian reported to the IRS, which matters when claiming an IRA deduction or tracking basis in nondeductible or Roth contributions.
Who files 5498?
- Banks, brokerages, and other custodians that maintain traditional, Roth, SEP, or SIMPLE IRAs
- Trustees reporting rollovers, conversions, or recharacterizations that occurred during the year
- Issuers reporting the December 31 fair market value and any RMD information for each account
- Custodians of deemed IRAs under section 408(q) within employer plans
How to fill out 5498
- Enter the trustee or issuer’s name, address, and TIN, along with the participant’s identifying information.
- Report regular contributions in box 1 and rollover, conversion, or recharacterization amounts in their own boxes.
- Mark the IRA type checkboxes and enter the year-end fair market value and any RMD details the instructions call for.
- Download the completed PDF and give the participant their copy by the deadline in the current general instructions.
- File Copy A with the IRS electronically through IRIS or FIRE, or on official scannable paper stock if you qualify for paper filing.
Quick fill 5498 on this page
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Frequently asked questions
Why does Form 5498 arrive after the tax deadline?
Because IRA contributions for a year can be made up to the tax filing deadline, custodians usually issue Form 5498 in late spring. You do not need it to file your return, but keep it with your records to confirm the amounts you reported.
Do I attach Form 5498 to my tax return?
No. The custodian sends it to the IRS on your behalf. You simply use it to verify your contributions, rollovers, and year-end balance.