2022 Form 5498 mailing notice

​Form 5498 for the 2022 tax year will be mailed to account owners no later than May 31, 2023.  The information on Form 5498 is submitted to the IRS to report contributions, including any catch-up contributions, notice of a 2022 Required Minimum Distribution (RMD), the Fair Market Value (FMV) of Individual Retirement Accounts, and other Form 5498 reportable activity.
 
Boxes 12a (RMD date) and 12b (RMD amount) will not be populated, since RMD notifications were mailed to clients of RMD age in January 2023.
 
Online Access: 2022 Forms 5498 will be available on Liberty under “Tax Information” and “Tax Forms” respectively by May 31, 2023. Applicable RMD Notices are also viewable in this section.
  
If there were no 2022 contributions or other reportable activity in an account, account owners will not receive a 2022 Form 5498. The 2022 Fair Market Value reported on the year-end statement will be provided to the IRS.
 
If you have any questions regarding this notice, please contact your client service advocate.