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 Form 5498 Internal Revenue ServiceAn Official 2021

1098 T 2021-2025 Form

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Polly Donaldson here and today's topic is form 5498 now you may be here because you got a form 5498 in the mail it's a tax reporting form and it's probably like May and you're wondering I did all that work for my taxes and now I get this form what is with the timing of this do I have to call my accountant just do I have to file an amended return no don't panic it's all normal May is when 5498 come out well why would you send a tax reporting form after the tax filing deadline because the purpose of the form 5498 is for your investment custodian or your bank to confirm to the Internal Revenue Service that the contribution you said you made to a health savings account to an individual retirement the individual retirement account is indeed exactly what you did since a lot of people don't make those contributions until the year they're filing the tax return for the prior years so for example they're not making their pri

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