When you make the deposit into your IRA, you designate the year for which the contribution is being made. The IRA custodian is then required to report that information to the IRS each year by filing Form 5498. This form will show the amount of contributions that were made to the account. You will also receive a copy of the form, but it is not filed with your tax return.
You also need to report your IRA contribution in your tax return so that you receive any possible Saver's Credit or to verify that your income made you eligible to make the contribution.
To learn more, take a look at the following TurboTax article: What Is IRS Form 5498: IRA Contributions Information?
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