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Level 1
March 1, 2026
Question

Moved 401K fund into an IRA. Got a 1099-R from where it was moved and form 5498 where it was placed. Do I need to amend my return to report this?

  • March 1, 2026
  • 1 reply
  • 12 views
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1 reply

Level 15
March 1, 2026

Yes, you need to amend your tax return to report the Form 1099-R.  You do not need to report the Form 5498.  See the following TurboTax Help Article:

 

How do I amend my federal tax return for this year?

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