- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
That is correct. There is nothing on Form 1040 that reports a Roth IRA contribution and there is no additional form required from you that would report it.
The IRS will be notified by the financial institution holding the Roth IRA that a contribution was made. Form 5498 will report this information to the IRS after the due date of the current year's tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 11, 2023
7:14 AM