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☛ Note: Include payments of timber royalties made under a “pay-as-cut” contract,…
Internal Revenue Bulletin 2002-25 · 2026-10-03 edition · updated 2026-10-04 · United States
6050N. If timber royalties are being reported, enter “TIMBER” in the description field of the “B” Record.
Amount Codes Form 5498 IRA and Coverdell ESA Contribution Information
For Reporting Information on Form 5498:
Amount Code Amount Type 1 IRA contributions (other than amounts in Amount Codes 2, 3, 4, 8, 9, A and B) ( See Notes 1 and 2. )
2002–25 I.R.B. 1245 June 24, 2002
Record Name: Payer “A” Record (Continued) Field Position Field Title Length Description and Remarks Amount Code Amount Type 2 Rollover contributions 3 Roth conversion amount 4 Recharacterized contributions 5 Fair market value of account 6 Life insurance cost included in Amount Code 1 8 SEP contributions 9 SIMPLE contributions A Roth IRA contributions B Coverdell ESA contributions
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