Completing rollover to roth from traditional IRA, via 1099R. Software demands value IRA via a Form 5498. Helps say TT doesnt need it yet being asked. why?

[dmertz · Accepted solution]

TurboTax asks for this in case at some point you indicate that you have basis in nondeductible traditional IRA contributions and the nontaxable and taxable amounts of the Roth conversion need to be determined on Form 8606.  You can find the year-end value on your year-end statements from your traditional IRAs.