AnnetteB6
Employee Tax Expert

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.  

 

@VAer 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"