How to code SEP IRA deposit for prior year?

The Internal Revenue Service (IRS) requires certain transaction reporting within the IRA

Tax forms for eligible accounts will be published by January 31 (Form 1099-R) and by May 31 (Form 5498). These forms display the IRA distributions and IRA contributions made for the previous tax year…

The IRS requires that Form 5498 be furnished to you by the trustee of your account by May 31 for the preceding tax year. To access and print your Form 5498, log in to Client Portal and select the…

The IRS requires that contributions to a SEP IRA be reported on the IRS Form 5498 for the calendar year they are actually deposited to the account, regardless of the year for which they are made.

Note…

Form 5498, "IRA Contribution Information", is an information form used to report contributions and rollovers to Traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs. Form 5498 also reports the Fair Market Value (FMV) of your IRA account as of year-end…