IRA Contribution Information

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form 5498-TA Trump Account Contribution Information	Form	New	Available
Form 5498 IRA Contribution Information	Form	Modified	Available
2026 Supporting Statement 1545-0747_AG.docx	Supporting Statement A	Uploaded 2026-07-21	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
279858	Trump Account Contribution Information	Form	New	Trump Account Contribution Information
279858	Trump Account Contribution Information	Instruction	New
17362	IRA Contribution Information	Form	Modified	IRA Contribution Information
17362	IRA Contribution Information	Instruction	Modified

ICR Details

OMB Control No: 1545-0747	ICR Reference No: 202604-1545-012
Status: Received in OIRA	Previous ICR Reference No: 202408-1545-018
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: IRA Contribution Information
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 07/28/2026

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved	04/30/2028
Responses	198,258,967	141,568,500
Time Burden (Hours)	70,486,176	58,043,085
Cost Burden (Dollars)	0	0

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Abstract: Form 5498 is used by trustees and issuers to report contributions to, and the fair market value of, an individual retirement arrangement. The information on the form will be used by IRS to verify compliance with reporting rules under regulation section 1.408-5 and to verify that the participant of the IRA has made the contribution for which he or she is taking the deduction. Form 5498-TA, Trump Account Contribution Information, is used to comply with the requirements set forth in P.L. 119-21, Sec.70204 and IRC Section 530A(i) which established Trump Accounts and contribution pilot programs. Form 5498-TA reports contributions, rollovers, basis or investment in the contract, and the fair market value (FMV) of the account for the calendar year shown on the form and is furnished by the trustee of the Trump account.

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Authorizing Statute(s): PL: Pub.L. 110 - 245 109 Name of Law: Heroes Earnings
   PL: Pub.L. 110 - 458 125 Name of Law: Worker, Retiree,
   PL: Pub.L. 110 - 343 Div C, Sec 504 Name of Law: Emergency Economic
   US Code: 26 USC 408(O)(4) Name of Law: Individual required to report amount of designated nondeductible contributions.
   PL: Pub.L. 109 - 280 831 Name of Law: Pension Protection Act
   PL: Pub.L. 116 - 94 Div O, Sec 113 Name of Law: Setting Every Community Up for Retirement Act
   PL: Pub.L. 119 - 21 70204 Name of Law: Trump Accounts and Contributions Pilot Program
   US Code: 26 USC 530A(i) Name of Law: Trump Accounts
  

Citations for New Statutory Requirements: PL: Pub.L. 119 - 21 70204 Name of Law: Trump Accounts and Contributions Pilot Program
US Code: 26 USC 530A(i) Name of Law: Trump Accounts

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 22914	04/28/2026
30-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 47036	07/27/2026
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
IRA Contribution Information	5498	IRA Contribution Information
Trump Account Contribution Information	5498-TA	Trump Account Contribution Information

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ICR Summary of Burden

table that charts list of burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	198,258,967	141,568,500	45,000,000	0	11,690,467	0
Annual Time Burden (Hours)	70,486,176	58,043,085	7,650,000	0	4,793,091	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Adjustment: For Form 5498, the estimated number of filers increased by 11,690,467, based on updated IRS filing projections. This resulted in an increase of 4,793,091 burden hours. Program Change: This submission adds Form 5498-TA, to the existing information collection under OMB Control Number 1545-0747 to implement the reporting requirements established by Public Law 119-21, section 70204, and IRC section 530A(i). This addition contributes 45,000,000 respondents and 7,650,000 annual burden hours.

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Annual Cost to Federal Government: $213,549

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 07/28/2026

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