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Get your taxes done using TurboTax
Form 5498 is for information purposes and is not a document that is used on the tax return. You only report anything that is issued to you on Form 1099-R.
Since you immediately transfer your traditional IRA contributions to your Roth IRA (within the calendar year) AND all of your traditional IRAs are nondeductible (after-tax) there should be no taxable income on the tax return even if you were issued a Form 1099-R (codes in Box 7).
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‎February 24, 2022
7:10 AM