Hi! This question is regarding 2004 Tax year. I contributed $1000 towards Roth Year during the year of 2004. The fair market value of this contribution was $1029 on 31st December, 2004. Only recently, I have realized that I have completely forgotten about Form 5498 which came as result of this contribution. What should I do now? I am going to file taxes for this year. What should I do about this mistake?? I need your help.

You need do nothing. Form 5498 is an informational form sent to the IRS to inform them that you have an IRA. It does not have to be filed on your tax return.

Dear AtlantaTaxExpert:
Thanks for helping me with this question. I appreciate your prompt response.

Glad to help!