5498 Forms › E-File Form 5498-ESA Online for 2025 Tax Year

At a Glance
E-filing Form 5498-ESA is required for filers submitting 10 or more information returns. BoomTax is an IRS authorized e-file provider that handles Form 5498-ESA through the FIRE system. The form has only two boxes: contributions and rollovers. Unlike Form 5498, it does not report fair market value. The May 31 deadline allows for contributions made between January 1 and the April tax deadline.

E-File Form 5498-ESA with BoomTax

BoomTax is an IRS-authorized e-file provider for Form 5498-ESA (Coverdell ESA Contribution Information). Our platform is designed for trustees and custodians of Coverdell Education Savings Accounts who need to report contributions to the IRS.

Why E-File Form 5498-ESA?

  • IRS requirement: Electronic filing is mandatory for 10 or more returns
  • Simple reporting: Only two boxes to complete (contributions and rollovers)
  • Instant confirmation: Receive acknowledgment from the IRS
  • Secure transmission: Data is encrypted and transmitted via FIRE

What You Need to E-File

To e-file Form 5498-ESA with BoomTax, you will need:

  • Trustee information: Your organization's name, address, and TIN
  • Beneficiary information: Name, address, and SSN of the account beneficiary
  • Contribution data:
    • Box 1: Coverdell ESA contributions
    • Box 2: Rollover contributions (if applicable)

For a complete explanation, see our What is Form 5498-ESA guide.

How BoomTax Works

Import Your Form 5498-ESA Data

You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.

Step-By-Step Wizard

We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.

E-File & Mail Employee Copies

Once your data is loaded, you can e-file and distribute employee copies in minutes.

May 31 Filing Deadline

Form 5498-ESA is due May 31 following the tax year of the contribution. This later deadline allows for contributions made between January 1 and the April tax deadline.

For details, see our Form 5498-ESA due date guide.

Related Forms

External Resources

Frequently Asked Questions About E-Filing Form 5498-ESA

Yes, Form 5498-ESA is filed through the FIRE (Filing Information Returns Electronically) system, the same system used for Form 5498 and other information returns. BoomTax handles both form types and can file them together in the same submission.

Form 5498-ESA is simpler than Form 5498, with only two boxes: Box 1 for Coverdell ESA contributions and Box 2 for rollover contributions. Unlike Form 5498, it does not report fair market value. The form identifies the trustee and beneficiary information.

Yes, if your organization received a rollover contribution into a Coverdell ESA, you must file Form 5498-ESA reporting the rollover amount in Box 2. This applies whether the rollover was from another Coverdell ESA at a different institution or a transfer to a family member's account.

Ken Ham
Author
Ken Ham
Founder at BoomTax
View all posts

Passionate about making tax compliance simple so businesses can focus on what matters.

Takes Only 30 Seconds

   Help