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Not understanding the enter total value of all Traditional IRAs for Form 5498
I'm not understanding the enter total value of all Traditional IRAs for Form 5498. I have one Traditional IRA in one financial institution that I intend to convert a certain amount a year to a new Roth IRA in the same financial institution. I'm going to try and attach a screenshot of the question that Turbotax presents me. I have several other Traditional IRAs in other financial institutions as well as two Inherited IRAs. Am I supposed to provide the full market value of the one Traditional IRA that I am using for the source of the conversion to the new Roth IRA or the total full market value of ALL Traditional IRAs and Inherited IRAs? I understand that the value is computed on 12/31/2024 but I can't understand the IRS instructions for Form 5498. I'm starting to think that this tax issue is too complicated for TurboTax. Any help will be appreciated!!