IRA Trustees and Custodians are required to report the values of IRA assets annually on IRS Form 5498. The IRS Form 5498 has a due date of May 31st. IRA Trustees and Custodians have different due dates for the valuation reports of the alternative assets held in their client’s IRA accounts. IRA account holders should check with their Trustees or Custodians. However, in most cases valuation reports of alternative assets showing the values as of December 31st are due sometime in January to March of the following year.
About J&M Asset Management
J&M Asset Management provides valuation and review services for individuals, banks, trust companies, fiduciaries and private businesses. Since 1996, J&M has specialized in preparing valuations and completing reviews of privately held / alternative assets.
490 Pennsylvania Ave.
Glen Ellyn, IL 60137