5498 File Schema

Sample File = Schema\2020\TEXT\T5498.txt

String fields are displayed within quotations

CRLF=Carriage Return Line Feed (Hex 0D0A)

"Name line 1"

"Name line 2"

"Street address line 1"

"Street address line 2"

"City"

"State"

"Zip code"

"USPS Delivery Point"

"Foreign address indicator" ¹

"Foreign city, province, postal code, etc."

"TIN Type"

"Taxpayer ID"

"Name control"

"Account number"

"CFSP Reporting State"

Box 1 - IRA contributions

Box 2 - Rollover contributions

Box 3 - Roth IRA conversion amount

Box 4 - Recharacterized contributions

Box 5 - FMV of account

Box 6 - Life insurance cost included in box 1

"IRA Indicator" ¹

"SEP Indicator" ¹

"SIMPLE Indicator" ¹

"Roth IRA Indicator" ¹

Box 8 - SEP contributions

Box 9 - SIMPLE contributions

Box 10 - Roth IRA contributions

"Box 11 - RMD Indicator for 2021" ¹

"Box 12a - RMD date" ²

Box 12b - RMD amount

Box 13a - Postponed contribution

"Box 13b - Year"

"Box 13c - Code"

Box 14a - Repayments

"Box 14b - Code"

Box 15a - FMV of certain specified assets

"Box 15b - Code"

"Do not print indicator" ¹

"E-Mail address"

"Client ID"

CRLF

¹ "X" if applicable, otherwise, enter a null string ""

² Use format MMDDYYYY or MMDDYY (21st century is assumed).