Do I need to report Coverdell ESA contribution to IRS?

[9corners]

Can I get clarification ?  I have the following questions:

1.  Is Education Savings IRA the same as Coverdell ESA?  Schwab calls it the former.

2.  I contributed to Education Savings IRA account last year.  I have not received any official form from Schwab such as a 1099 to file with my tax return.  Do I need to report the contributions somehow to the IRS?

3.  Searching online, I came across the form 5498-ESA.  Do I need to fill this out if I don't have any distributions?

[AmyC]

The contributions do not have to be reported on your federal but may qualify for a deduction on your state return.

See Education Savings Account | Charles Schwab it sounds like Topic No. 310 Coverdell Education Savings Accounts | IRS. 

[Hal_Al]

Q1.  Is Education Savings IRA the same as Coverdell ESA?  Schwab calls it the former.

A.1.  For tax purposes, they are the same.

Q. 2.  I contributed to Education Savings IRA account last year.  I have not received any official form from Schwab such as a 1099 to file with my tax return.  Do I need to report the contributions somehow to the IRS?

A.2.  No. See AmyC's answer. For a state list of eligible plans, see:

http://www.savingforcollege.com/compare_529_plans/index.php?page=compare_plan_questions&plan_questio...

Q. 3.  Searching online, I came across the form 5498-ESA.  Do I need to fill this out if I don't have any distributions?

A. 4.  No. It is not "filled out" by the account owner/taxpayer.  It's something the custodian (Schwab) sends to you and the IRS.  It's informational only.  You do not "file it".