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Retirement tax questions
You don't enter or report the 5498. After you enter the 1099R it will ask what you did with it. Did you say you rolled it over? You had 60 days to put it in the IRA. But I'm not sure about Annuities and how they work. Did they take any withholding out when they cashed the annuity? You would have had to add the withholding back in when you put it in the IRA or the withholding will be a taxable distribution. @dmertz
‎September 21, 2024
3:47 PM
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