The attached files are samples of the 2011 E-File Magic Version of the 5498-ESA form. These forms are used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"File Form 5498-ESA, Coverdell ESA Contribution Information, with the IRS by May 31, 2012, for each person for whom you maintained any Coverdell education savings account (ESA) during 2011.

A Coverdell education savings account is a trust or custodial account created or organized in the United States exclusively for the purpose of paying the qualified education expenses of an individual who is the designated beneficiary of the trust or custodial account.  The account must be designated as a Coverdell ESA at the time it is created or organized in order to be treated as a Coverdell ESA for tax purposes.  The governing instrument creating the trust must meet the requirements of section 530(b)(1)."

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 E-File Magic also offers: Form 1097-BTC, Form 1098, Form 1099, Form 3921, Form 3922, and Form W-2G.