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Why is the 2010 contribution that was made in 2011 for the SIMPLE IRA shown on the 2011 Form 5498 and not on a 2010 Form 5498?

April 26, 2017contribution form IRA simple

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Why is the 2010 contribution that was made in 2011 for the SIMPLE IRA shown on the 2011 Form 5498 and not on a 2010 Form 5498?

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