5498 tax form mailing deadline

The IRS typically sends out Form 5498, IRA Contribution Information, to individuals who made contributions to an Individual Retirement Account (IRA) or a Roth Individual Retirement Account (Roth IRA) during the previous tax year. The mailing deadline for Form 5498 is typically May 31st of each year.

However, it's important to note that the IRS may send out Form 5498 at different times depending on the type of IRA or Roth IRA and the individual's circumstances. For example, if you made a contribution to a traditional IRA or a Roth IRA in January or February of the current year, you may receive Form 5498 in March or April of the same year.

If you have not received your Form 5498 by June 15th of the current year, you can contact the IRS at 1-800-829-1040 to request a copy of the form. You can also check your online account with the IRS or contact your IRA custodian or financial institution to see if they have sent you a copy of the form.

It's also important to note that Form 5498 is used to report IRA and Roth IRA contributions, as well as any required minimum distributions (RMDs) that were taken from the account during the previous tax year. The form is used to help the IRS ensure that individuals are complying with the rules and regulations surrounding IRAs and Roth IRAs.