Form 5498 is an informational statement that your IRA provider files with the IRS. It outlines your tax-deductible contributions made to your Individual Retirement Arrangement (IRA) during the tax year.
Purpose of Form 5498
Reports the fair market value of your IRA.
Includes details about contributions, required minimum distributions (RMDs), Roth IRA conversions, and rollovers.
Anyone who owns an IRA should receive Form 5498 each year for each IRA they own.
It covers traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.
Deadline for Filing Form 5498 (TY 2025)
The deadline for filing Form 5498 is May 31, 2026.