IRS Release Status: FINAL

Sample Excel Import File: 5498.xlsx

What's New for 2016

  • No changes.

Import Form Fields:

Field NameSizeType DescriptionNotes
See Form Filer Common FieldsFiler fields common to all form types. 
See Recipient Common FieldsRecipient fields common to all form types. 

Box 1 Amount

12AmountBox 1: IRA contributions (other than amounts in...) 
Box 2 Amount12AmountBox 2: Rollover contributions 

Box 3 Amount

12Amount

Box 3: Roth IRA conversion amount

 

Box 4 Amount

12AmountBox 4: Recharacterized contributions 
Box 5 Amount12AmountBox 5: Fair market value of account 

Box 6 Amount

12Amount

Box 6: Life insurance cost included in box 1

 
Box 7 Checkbox 11CheckboxBox 7: IRAX / Y / T / 1 = Checked
Box 7 Checkbox 21CheckboxBox 7: SEPX / Y / T / 1 = Checked
Box 7 Checkbox 31CheckboxBox 7: SIMPLEX / Y / T / 1 = Checked
Box 7 Checkbox 41CheckboxBox 7: Roth IRAX / Y / T / 1 = Checked
Box 8 Amount12AmountBox 8: SEP contributions 
Box 9 Amount12AmountBox 9: SIMPLE contributions 
Box 10 Amount12AmountBox 10: Roth IRA contributions 
Box 11 Checkbox1CheckboxBox 11: Check if RMD for 2016X / Y / T / 1 = Checked
Box 12a Date10DateBox 12a: RMD dateMM/DD/YYYY or M/D/YYYY
Box 12b Amount12AmountBox 12b: RMD amount 
Box 13a Amount12AmountBox 13a: Postponed contribution 
Box 13b Year4NumericBox 13b: Year 
Box 13c Code8TextBox 13c: CodeE012744 / E013119 / E013239 / FD / PL106-21
Box 14a Amount12AmountBox 14a: Repayments 
Box 14b Code2TextBox 14b: CodeDD / QR
Box 15a Amount12AmountBox 15a: FMV of certain specified assets 
Box 15b Code2TextBox 15b: Code(s)See IRS Instructions
See Form Common FieldsForm fields common to all form types. 

5498 Form:

IRS 5498 Form:  5498 Form

IRS 5498 Instructions:  5498 Instructions

 

 

  • No labels