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Form 5498 & Payment Types to Report

Form:    5498

Title:     IRA Contribution Information

What to Report:  Contributions (including rollover contributions) to any individual retirement arrangement (IRA) including a SEP, SIMPLE, and Roth IRA; Roth conversions; IRA recharacterizations; and the fair market value (FMV) of the account.

Amounts to Report:  All amounts

Due Date to IRS (unless indicated otherwise):  May 31

Due Date to Recipient (unless indicated otherwise):  (To Participant) For FMV/RMD   January 31;   
For contributions May 31


Payment Types:
  • Direct rollovers
  • IRA contributions
  • Recharacterized IRA contributions
  • Roth conversion IRA contributions
  • Roth IRA contributions
  • SEP contributions
  • SIMPLE contributions



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Page Last Reviewed or Updated: 2013-04-24