Table of Contents 11 - Reporting Requirements Overview Truncated TINs Paper and Electronic Filing with IRS Transmittal Form Reporting IRA Contributions IRA Owner Reporting IRA Sponsor Reporting on IRS Form 5498 2023 IRS Form 5498 Box-by-Box Instructions 2024 IRS Form 5498 Box-by-Box Instructions Special Reporting for Armed Forces in Combat Zones/ Hazardous Duty Fair Market Value after Death Filing Deadline Combined Federal & State Filing Filing Corrected IRS Forms 5498 Reporting to the IRA Holder Reporting Lifetime Required Minimum Distribution Information Electronic Delivery of IRS IRA Forms to Recipients Reporting IRA Distributions IRS Form 1099-R Account Number Required for IRS Forms 5498 and 1099-R in Some Situations 2023 IRS Form 1099-R Box-by-Box Instructions 2023 IRS Form 1099-R Distribution Codes 2024 IRS Form 1099-R Box-by-Box Instructions 2024 IRS Form 1099-R Distribution Codes Filing Deadline Filing Corrected IRS Forms 1099-R Penalties for Late or Incorrect IRS Form 1099-R Filing to the IRS Three-Tier Penalty Waiver for Reasonable Cause Waiver for Prompt Corrections Lesser Maximum Penalties for Small Businesses Waiver for De Minimus Corrections Waiver for Inconsequential Errors Intentional Disregard Waiver for De Minimus Dollar Amount Errors Penalties for Failure to Furnish Payee Statements IRA Digital Reference Manual © PMC