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IRA Tax Reports

PWCB has just printed and mailed the annual 5498 tax statements.  These are the annual IRS informational forms for Individual Retirement Accounts (IRA) and Health Savings Accounts that detail the fair market valuation and contribution information for the previous tax year (2011).  Banks are required to send these annually after the Federal Tax filing deadline, which was April 17, 2012 for the 2011 tax year.  If you believe an error has been made on your 5498 tax statement please contact your home branch immediately.  PWCB will then submit the information electronically to the IRS.