Correct. The Roth IRA would not be needed. However, if you rolled a pre-tax amount because it was not a Roth account, to the Roth IRA, then that amount will be taxable in the current tax year.
The question you present with the specific wording is asking for only the contributions of all IRAs, except the Roth IRA. These accounts combined could have both pre-tax and after-tax contributions. This would NOT include any Roth IRA contributions since ALL contributions are 'after-tax'.
Currently, the Form 5498 has a box for each type of IRA. Form 5498 reports various types of IRA contributions you make in a number of reporting boxes.
- Box 1 shows the amount you contributed to a traditional IRA.
- Box 9 reports the amounts contributed to a Savings Incentive Match Plan for Employees (SIMPLE) IRA.
- Box 10 covers the amounts you put into a Roth IRA.
- Although a rollover or conversion of assets from one retirement plan into an IRA isn’t deductible, they are considered contributions and will be reported in boxes 2 and 3 of Form 5498.
- The links below will be show the purpose of the forms which may also assist you.
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