IsabellaG
Expert Alumni

Retirement tax questions

To enter your traditional IRA contribution:

  1. On the left side of your screen, click Federal.
  2. At the top of your screen choose Deductions and Credits.
  3. Scroll down to Retirement and Investments.
  4. Click Start on Traditional and Roth IRA Contributions.
  5. Check that you contributed to a traditional IRA, and follow the rest of the prompts.

You won't get a 1099 from the trustee, because it's a contribution, not a distribution. You don't need Form 5498 to file your taxes. You would already have confirmation of your contribution from the IRA from when you made/make the contribution.

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