Form 5498-SA is used to report
all amounts of employee
contributions to a Medical Savings Account (MSA) or to a Health
Savings Account (HSA). Form 5498-SA also includes the fair market value (FMV)
of the MSA or FSA.
You don't need to enter information from your Form 5498 (IRA Contribution Information) into TurboTax like you do with a W-2 or 1099s. In most cases, you'll find the information needed for your return on other paperwork, such as a year-end summary statement or a Form 1099-R.
Keep Form 5498 with your records for future reference when you need to determine the end of year value or your investment basis in non-deductible or Roth IRAs.
