Both are correct. The total amount of contributions made for 2023 under these circumstances cannot be determined from just the 2023 Form 5498-SA because the 2023 Form 5498-SA has no way to show contributions made in 2024 for 2023. That information will be reported on the 2024 Form 5498-SA which will not be available until next year. When preparing the tax return, ignore the 2023 Form 5498-SA. Enter the amounts shown in box 12 of the Form W-2 in box 12 of TurboTax's W-2 form without modification and nowhere else in TurboTax.
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