Import 5498 Data

This page shows the order of data used for importing data into IRS Form 5498 software.

Each column has to be read in the correct sequence. The 1st column on your data identifies whether this information return is Void. The 2nd column has a value for Corrected and so forth following in the order below for the 5498:

Void
Corrected
Trustee Name
Trustee Address
Trustee City
Trustee State
Trustee Zip
Trustee Federal identification number
Participant Federal identification number
Participant Name
Participant Address
Participant City, State, Zip
Account number
5498_1 // IRS contributions
5498_2 // rollover contributions
5498_3 // roth ira conversion amount
5498_4 // recharacterized contributions
5498_5 // fair market value of account
5498_6 // life insurance cost included in box 1
5498_7 // IRA
5498_7 // SEP
5498_7 // SIMPLE
5498_7 // Roth IRA
5498_8 // SEP contributions
5498_9 // SIMPLE contributions
5498_10 // Roth IRA contributions
5498_11 // check if RMD (for next tax year)
5498_12A // RMD date
5498_12B // RMD amount
5498_13A // postponed contribution
5498_13B // year
5498_13C // code
5498_14A // repayments
5498_14B // code

Type of TIN is taken from the TIN itself. If the TIN contains one dash (-), then the TIN type is an EIN. If the TIN contains two dashes, then the TIN type is a SSN. Otherwise the TIN is identified as unknown.

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