Originally posted on $treet-¢ents:
Just when you thought it was safe to put your tax stuff down, lick the wounds, and forget about it for another nine months, a pesky form may be headed your way.
Form 5498 reports all contributions and rollovers to all IRA’s and SEPS. If you fall into one of these situations … it’s in the mail.
DO NOT WORRY ! This form is for reconciliation on a delayed year basis. Toss it into your tax files and you are done.
Have a Great Day!
John A. Kvale CFA,