If you have an IRA, you’ll receive Form 5498 IRS Form 5498: IRA Contribution Information is a tax form to report Individual Retirement Account(IRA) account details to the Internal Revenue Service (IRS ...
Form 5498 ESA is used to report information about Coverdell Education Savings Accounts (ESAs), which are designed to help fund the educational expenses of the account's beneficiary. A custodian or ...
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 ...