Form 5498 reports your IRA contributions to the IRS. Your IRA trustee or issuer — not you — is required to file this form with the IRS.

Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records.

What's so great about it? Well, you don't have to do much with it, other than keep it for your records and perhaps refer to it on occasion. It's a form that's filed with the IRS by the organizations ...

Tax forms can be confusing and a hassle, but you don't even have to file a 5498 form. Yes, IRS Form 5498 is one more form for you to deal with, but it doesn't make your tax life much more complicated.

If you have an IRA, you’ll receive Form 5498 Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more ...

Yes, IRS Form 5498 is one more form for you to deal with, but it doesn't make your tax life much more complicated. It's a benign, and even helpful, form. What's so great about it? Well, you don't have ...