Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Instructions for Form 1040
Request for Taxpayer Identification Number (TIN) and Certification
Request for Transcript of Tax Return


Employee's Withholding Allowance Certificate
Employer's Quarterly Federal Tax Return
Employers engaged in a trade or business who pay compensation
Installment Agreement Request

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

Reporting for Hard-to-Value IRA Investments is Optional for 2014

New information reporting requirements are proposed to apply to certain IRA investments with no readily available fair market value. Reportable investments may include:

  • non-publicly traded stock,
  • partnership or LLC interests,
  • real estate, options, and
  • other hard-to-value investments.

This will affect issuers of:

  • Form 5498, IRA Contribution Information, and
  • Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

To give financial institutions reasonable time to fully implement the new requirements, the additional reporting for hard-to-value IRA investments will be optional for 2014.

The new reporting requirements will be described in the 2014 Instructions for Forms 1099-R and 5498, which are expected to be issued around the end of the year.