COVID-19 Update Learn More

5498

Form 5498 is used to report IRA contribution information.

What is a 5498?
Form 5498 is used to report IRA contribution information.

Why do I file 5498?
The IRS requires that all income and deductible expenses are reported by businesses and individuals or penalties could apply.

Who needs to file 5498?
File Form 5498 for each person for whom you maintained any individual retirement arrangement (IRA), including a deemed IRA under section 408(q). See the official IRS instructions.

What to report
Contributions (including rollover contributions) to any individual retirement arrangement (IRA) including a SEP, SIMPLE, and Roth IRA; Roth conversions; IRA recharacterizations; and the fair market value (FMV) of the account.

5498 Filing Options

We've made it easy to file your 5498 forms. Simply create a Yearli account, enter or import your data, review your data and checkout. It's that easy. Yearli will file your forms to the IRS, applicable state agency and send copies to your recipients.

Core

Sign Up
Free
Annual Subscription + Filing Fees

Performance

Sign Up
$99
Annual Subscription + Filing Fees

Premier

Sign Up
$699
Annual Subscription + Filing Fees
Call for Pricing and Purchase

Estimate Your Filing Cost

Number of forms

Core

W-2 & 1099
$4.99
$5.99Jan 31

Performance

W-2 & 1099
$83.99

Premier

W-2 & 1099
$401.50

Custom

Call for Pricing and Purchase
Pricing reflects estimated cost to file W-2, 1099 & 1095 forms. Price also includes federal e-file, state reporting (where applicable), recipient print and mail.
View Detailed Pricing

What Our Customers Are Saying

4.8
Out of 5.0
Overall rating
based on 43,000+ ratings and reviews.
97%
of customers that buy from this merchant give them a 4 or 5-Star rating.
James | June 3, 2020
THANK BRANDON FOR SUCCESSFULLY GUIDING ME TO PRINTED AND COMPETE FORMS
Linda | June 2, 2020
The one thing you could improve is if the Payees could be in one database so when you pull up a payer you can match it with the right payee. I have many entities and they have many of the same payees and right now I have to re-enter every payee for each entity
Danna | June 1, 2020
Extremely easy to prepare forms.
ronnie | June 1, 2020
always easy
BLANCA | May 29, 2020
Never a complaint or issue with Yearli
FELIPE | May 29, 2020
GREAT
Tanya | May 28, 2020
amazing!
Read More Reviews