It's a form that's filed with the IRS by the organizations that manage your IRAs, such as your brokerage or bank -- they file it, and you don't. Form 5498 reports your IRA contributions to the IRS.

Form 5498. You should expect to receive Form 5498, which is an informational return sent by your IRA account custodian to the IRS, only if you made contributions or rolled funds into a Traditional ...

The rollover will be reported by the IRA custodian on a 2024 Form 5498. You will report the distribution and the rollover on your 2023 federal income tax return.

Note too that Form 5498 reports total contributions to your SIMPLE IRA account, whether funded with employee or employer contributions, says Herzberg.

A few days ago, "Joe," age 49, received an IRS Form 5498 from his financial institution that looked at first blush like a report of a contribution to his IRA (individual retirement arrangement ...

If an IRA owner has an RMD due for 2020, the financial institution that is the trustee, custodian, or issuer maintaining the IRA must file a 2019 Form 5498 (IRA Contribution Information) by June 1 ...