2023 Form 5498 - IRA Contribution Information

Form 5498 IRA Contribution Information is used to report contributions to individual retirement arrangements (IRAs), including traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs. It is filed by the trustee or issuer of the IRA and sent to the IRS and the account holder. The form reports information such as the total contributions made to the IRA for the tax year, the fair market value of the account, and any required minimum distributions that need to be taken. It is used for informational purposes and does not need to be filed with the account holder's tax return. However, the account holder should keep a copy of the form for their records.

For the current tax year version of Form 5498, please go here.