Home
Forms Library
Form 5498-ESA - Internal Revenue Service - irs

Form 5498-ESA - Internal Revenue Service - irs-2025

Form 5498-ESA - Internal Revenue Service - irs Preview on Page 1

See details

4.3 out of 5

213 votes

The document provides information regarding Form 5498-ESA, which reports contributions and rollover contributions to Coverdell education savings accounts (ESAs) for the year 2014. It emphasizes that the online version of the form should not be filed with the IRS due to scanning issues and outlines the penalties for improper filing. The document includes instructions for beneficiaries and trustees on how to complete and submit the form, as well as contact information for ordering official forms and seeking assistance.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to quickly redact Form 5498-ESA - Internal Revenue Service - irs online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the best editor for modifying your documents online. Adhere to this straightforward guide to redact Form 5498-ESA - Internal Revenue Service - irs in PDF format online free of charge:

Sign up and log in. Register for a free account, set a secure password, and proceed with email verification to start working on your forms.
Add a document. Click on New Document and select the form importing option: upload Form 5498-ESA - Internal Revenue Service - irs from your device, the cloud, or a secure link.
Make changes to the template. Use the upper and left-side panel tools to modify Form 5498-ESA - Internal Revenue Service - irs. Insert and customize text, pictures, and fillable areas, whiteout unneeded details, highlight the important ones, and provide comments on your updates.
Get your paperwork done. Send the sample to other people via email, create a link for faster document sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail added.

Explore all the advantages of our editor right now!

See more Form 5498-ESA - Internal Revenue Service - irs versions

We've got more versions of the Form 5498-ESA - Internal Revenue Service - irs form. Select the right Form 5498-ESA - Internal Revenue Service - irs version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.7 Satisfied (37 Votes)
2022	4.5 Satisfied (28 Votes)
2021	4.8 Satisfied (218 Votes)
2020	4 Satisfied (31 Votes)
2019	4.4 Satisfied (240 Votes)
2018	4.4 Satisfied (208 Votes)
2017	4.3 Satisfied (92 Votes)
2016	4.4 Satisfied (189 Votes)
2013	4.4 Satisfied (136 Votes)
2012	4.3 Satisfied (213 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How are ESA accounts taxed?

In general, the designated beneficiary of a Coverdell ESA can receive tax-free distributions to pay qualified education expenses. The distributions are tax-free to the extent the amount of the distributions doesnt exceed the beneficiarys qualified education expenses.

How do you write off your pet on taxes?

A pet is not a dependent, and you cannot deduct the ordinary living expenses of life, including the expenses of having a pet. You can sometimes deduct medical expenses, and you can sometimes deduct the cost of doing business if you are running a business, but the ordinary expenses of life are mostly not deductible.

What is IRS form 5498 ESA?

Form 5498-ESA reports the education savings account contributions or rollovers that were made throughout the year.

Can I claim my ESA dog on my taxes?

Emotional support animals (ESAs) who solely provide comfort or emotional support are generally considered pets and do not qualify as service animals, meaning you cannot claim an expense deduction for them. A service animal must be specially trained to perform a specific job or task to help you cope with your condition.

Do I report ESA on taxes?

Yes, you can claim expenses for an emotional support animal (ESA) on your taxes, but only under specific conditions. Proper documentation and meeting IRS guidelines are essential for ESA-related tax deductions.

Do I need to report form 5498 on my tax return IRS?

No. You arent required to do anything with Form 5498 because its for informational purposes only.

Why am I receiving form 5498?

Normal. The 5498 is used to report IRA contributions, which are not due until the filing date. By that date, you will already know your contribution amount. Essentially, the 5498 becomes a historical record that verifies what you said on your filing actually did happen.

Is ESA tax exempt?

When you invest in an ESA, you dont have to pay taxes on investment income or capital gains that accrue inside the account, which means your money has a chance to compound faster. (Contributions arent tax deductible.)

Form 5498-ESA - Internal Revenue Service - irs-2025

Here's how it works

How to quickly redact Form 5498-ESA - Internal Revenue Service - irs online

See more Form 5498-ESA - Internal Revenue Service - irs versions

Complete this form in 5 minutes or less

Got questions?

How are ESA accounts taxed?

How do you write off your pet on taxes?

What is IRS form 5498 ESA?

Can I claim my ESA dog on my taxes?

Do I report ESA on taxes?

People also ask

Do I need to report form 5498 on my tax return IRS?

Why am I receiving form 5498?

Is ESA tax exempt?

Related links

Try more PDF tools

Form 5498-ESA - Internal Revenue Service - irs-2025

Here's how it works

How to quickly redact Form 5498-ESA - Internal Revenue Service - irs online

See more Form 5498-ESA - Internal Revenue Service - irs versions

Complete this form in 5 minutes or less

Got questions?

How are ESA accounts taxed?

How do you write off your pet on taxes?

What is IRS form 5498 ESA?

Can I claim my ESA dog on my taxes?

Do I report ESA on taxes?

Related Searches

People also ask

Do I need to report form 5498 on my tax return IRS?

Why am I receiving form 5498?

Is ESA tax exempt?

Related links

Try more PDF tools