Do I need to put the fair market value for an Inherited IRA I received anywhere? Form 5498 says, "It is an IRS requirement to report BDAs as IRAs... as applicable."

[OCBaseballNut]

For context, I'm wondering whether that amount needs to be entered in the "Tell Us the Value of All Your Traditional IRA Accounts" section.  Is this 2012 Inherited IRA (BDA) considered a "Traditional IRA" for this entry?

[fanfare · Accepted solution]

the sum value of all your IRAs does not include Inherited IRAs.

inherited IRAs have to be treated separately.

@OCBaseballNut 

[OCBaseballNut]

Perfect!  Thank you for the quick response!