dmertz
Level 15

Retirement tax questions

I'm not sure how you caused TurboTax to prompt you to prepare an explanation statement within your tax return, but if it's present in the pdf generated when you print just the forms needed for filing, it should be present in an e-filed tax return.  Just be prepared to provide explanation if the IRS questions why the Form 5498 reports less than than dollar amount that your tax return treats as rolled over.