FangxiaL
Expert Alumni

Retirement tax questions

Your brokerage is required to file Form 5498 with the IRS, showing the type of IRA and the amount of contribution for the tax year. Many taxpayers don't enter their Roth IRA contributions on their tax returns. It doesn't mean that the IRS is not aware of the contributions made by them. 

 

@asb4

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"