TaxBandits Knowledge Base

How do I file Form 5498 electronically using TaxBandits?

TaxBandits, an IRS-authorized e-file service provider, supports the e-filing of Form 5498 for the tax year 2020. Follow the instructions below to easily e-file your 5498 forms.

• Sign in to TaxBandits. 
• Select Start New Form >> Form 5498.
• Choose Tax Year.

        

• Enter the Trustee details manually or pull up their details from the address book.

        

• Enter the Participant details manually.

         

• Enter Form 5498 form details.

           

• Select forms and recipients.
• Choose the services you require for this order.
• Pay and Transmit the returns to the IRS.

After you transmit the return, you can check the status of your return from the product Dashboard.

Get started with TaxBandits to e-file Form 5498 and stay compliant with IRS!