Form 5498-ESA

Coverdell ESA Contribution Information (Mailed in late April)

Form 5498-ESA reports contributions made to your Coverdell ESA account.

  Hover over the letters to get more information on each field.

Name and Address.

Beneficiary's Identification Number.

Payer's Name and Federal ID Number: For forms with multiple records, the same Payer and Federal ID Number is used for all.

The Fund Number and Your Account Number.

Coverdell ESA Contributions: Contributions made in 2018 and through April 15, 2019, for 2018.

Rollover Contributions: Any rollover, including a direct rollover and contribution of a military death gratuity, you made in 2018.

Your Questions Answered

IRS regulations allow prior year contributions.
Contributions for 2018 must be made by April 15, 2019.

Contributions cannot be made after the designated beneficiary reaches age 18, unless the designated beneficiary is considered a special needs individual.