https://ttlc.intuit.com/community/taxes/discussion/form-5498-wrong-tax-year/01/3684441#M1362102 <P>Custodian issued form 5498 with tax year 2024, but my contributions were for 2025, does custodian need to make a correction?</P> Sat, 17 May 2025 19:13:15 GMT rk38 2025-05-17T19:13:15Z https://ttlc.intuit.com/community/taxes/discussion/form-5498-wrong-tax-year/01/3684441#M1362102 <P>Custodian issued form 5498 with tax year 2024, but my contributions were for 2025, does custodian need to make a correction?</P> Sat, 17 May 2025 19:13:15 GMT https://ttlc.intuit.com/community/taxes/discussion/form-5498-wrong-tax-year/01/3684441#M1362102 rk38 2025-05-17T19:13:15Z https://ttlc.intuit.com/community/taxes/discussion/re-form-5498-wrong-tax-year/01/3684458#M1362110 <P>5498 for this year's activity&nbsp; will come to you next year.</P><P>&nbsp;</P><P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5725363">@rk38</a>&nbsp;</P> Sat, 17 May 2025 20:45:10 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-5498-wrong-tax-year/01/3684458#M1362110 fanfare 2025-05-17T20:45:10Z https://ttlc.intuit.com/community/taxes/discussion/re-form-5498-wrong-tax-year/01/3684664#M1362163 <P>If you made contributions in 2025 that were intended to be contributions for 2025 but the IRA custodian treated them as contributions for 2024, evidenced by information on the 2024 Form 5498, they are 2024 contributions, not 2025 contributions.&nbsp; If by April 15, 2025 you filed your 2024 tax return or requested a filing extension, you have until October 15, 2025 to obtain a return of that mistaken 2024 contribution.</P> Mon, 19 May 2025 12:56:06 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-5498-wrong-tax-year/01/3684664#M1362163 dmertz 2025-05-19T12:56:06Z