My 401k was transferred to a safe harbor IRA. I received Form 5498, with an amount in Box 2 (Rollover Contribution). Should I enter this as an IRA contribution?
July 10, 2023 6:39 AM
last updated July 10, 2023 6:39 AM
Form 5498 is not entered into your tax return. it is for your information only.
you will receive a form 1099-R to reflect the transaction. THAT should be entered into your tax return.
July 10, 2023 7:15 AM
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