KrisD15
Expert Alumni

Retirement tax questions

Form 5498-QA is an informational form which is not reported on your tax return. 

The IRS gets a copy which reports to them what you contributed to your account. You also get a copy which is "For Your Information" only. 

 

Once you start making distributions, you will get a 1099-QA showing what you took out. At that time, you may need to report the 1099 for the distribution. 

 

Don't enter the 5498-QA anywhere, keep it with your tax file. 

 

 

 

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