Retirement tax questions

Form 5498 is used to track contributions only.   You should get a form 5498 from the traditional IRA if you made contributions in 2022.  However, you should already have reported those contributions on your 2022 tax return from your own records (if you made contributions).  If you made no contributions to the traditional IRA you wont get a form 5498 for that account.  The 1099-R reports the distribution, which you used as a conversion.

 

The form 5498 for the Roth IRA shows any funds going into the Roth IRA for calendar year 2022, that includes conversion amounts but also would include regular contributions.  Form 5498 is sent for your information, it does not change your tax return.  If you are under age 59-1/2, you need to know how much money in your Roth IRA was from regular contributions and how much was from conversions, and the date of each conversion, because this affects whether or not you pay a 10% tax for withdrawing converted amounts in less than 5 years.