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Form 5498 is information only and does not go on a tax return.

 

No 1099-R will be reported for this since it was not a distributions and is not reportable as a contribution - it is just an nonreportable transaction within the IRA.

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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