I got a form for an Ira that a previous employer set up for me in 2020 do I need to put this on my taxes

It’s a pretty small amount and just a simple ira
DaveF1006
Expert Alumni

Retirement tax questions

It depends. What was the form number and form you received? If it is a 1099-R, then you do need to report it.

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Retirement tax questions

It looks like it’s just a fair market value form I can’t find a form number on it 

Retirement tax questions

Is it Form 5498?

2020 Form 5498 (irs.gov)

Retirement tax questions

No it is not