401(k) plans are employer plans and do not have a 5498 form. Only IRA's do. If you received a 5498 it it an IRA, not a 401(k). You are probably thinking of a 401(k) rollover to a Traditional IRA (sometimes called a "rollover IRA" but is really just a Traditional IRA).
5498 form are information only and do not go on a tax return. If you did not receive a 1099-R then there is noting for you to do or report.
If you do have a 1099-R then just enter it into TurboTax.
Enter a 1099-R here:
Federal Taxes,
Wages & Income
(I'll choose what I work on - if that screen comes up)
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).
OR Use the "Tools" menu (if online version left side) and then "Search Topics" for "1099-R" which will take you to the same place.
Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.
[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
