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Why is Turbotax asking for the FMV of all IRAs, submitted on form 5498
Everything I read and have been told is that form 5498 is not a reported form for our tax return, yet Turbotax is asking for the FMV of all IRAs. I didn't get a form 5498 for all of my accounts, only one so I don't know how to answer this question. Also, this is the first time I've been asked for the FMV; does this not apply to a work related 401a/403b?
‎April 5, 2025
4:51 PM