Do I have to add in the current amounts that I am currently putting into my teacher retirement account?

[dmuesse]

Do I need to submit Forms 5498 forms?

[MichaelL1 · Accepted solution]

They are already taken into account when the W-2 is entered.

The 5498 is an information document showing the Fair Market Value for when you do retire, and does not get entered on the tax return.