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 Instruction 5498  Form 2014

2014-2024 Form

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Instructions and help about Instruction 5498 Form

So today we're going to talk about the exciting subject of 5498 and there's been some changes in 5498 that were proposed back in 2013 and finally Cain't became law at the end of 2014 and what has happened is if you look at an old 5498 say 2013 5498 it only has 14 lines that you have to be filled out for various things basically the 5498 tells the IRS if you did a rollover tells them how much your IRA is worth tells them if you had contributions to your IRA during the year tells them about Rods various things you can look at a 5498 and see all the boxes that need to be filled out but the change for 2014 which is optional this year and then when you get your so when you get your 2014 5498 in May 2015 you will see two additional boxes that may or may not be filled out if you have an account with Sun west trust they will not be filled out because it's optional this year when you get your 5498 in 2016 for 2015 the fiscal year 2015 box 15a and 15b will be filled out and what that does be it

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