The Instructions for form 5498 for 2019 (probably the same every year) are at the bottom...
Rollovers are not taxable and frequently administrators do not send out 1099-Rs. Therefore, they normally do not affect your tax return (the 5498 itself is informational in nature and does not get entered on your tax return).
From a tax point of view, there is no problem, but as a taxpayer, I would be curious who was putting money into my accounts (it's probably an innocent explanation).
***
Box 2. Rollover Contributions
Enter any rollover contributions (or contributions treated as rollovers) to any IRA received by you during 2021. These contributions may be any of the following.
-
A 60-day rollover between Roth IRAs or between other types of IRAs.
-
A direct or indirect (within 60 days) rollover from a qualified plan, section 403(b) plan, or governmental section 457(b) plan.
-
Any qualified rollover contribution, as defined in section 408A(e) from an eligible retirement plan (other than an IRA) to a Roth IRA.
-
A military death gratuity.
-
An SGLI payment.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
