You'll need to sign in or create an account to connect with an expert.
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.
Should I enter this as an IRA contribution?
No...it was Not a contribution...it was a ROLLOVER.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
rntaxQs
New Member
jakejames1257
New Member
jakejames1257
New Member
tyentr99
Level 1
Rsvp2024
Level 2
in Education
Want a Full Service expert to do your taxes?