Form 5498 is not entered anywhere in TurboTax. Kee...
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I have a Form 5498 IRA Contribution Information... where does that info get entered? It's a rollover contribution.

On the Turbo Tax screen it says rollovers are recorded on 1099-Rs and get recorded as such on the system. But, the form I have is a 5498...  ?
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Employee Tax Expert

I have a Form 5498 IRA Contribution Information... where does that info get entered? It's a rollover contribution.

Form 5498 is not entered anywhere in TurboTax. Keep for your records.

IRA contributions would be recorded in the IRA section, but a rollover is not a contribution. 

Rollovers can be taxable/nontaxable depending on what kind of retirement plan was rolled into the receiving type of plan. See IRS rollover chart below.

https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/What-Is-IRS-Form-5498-/INF14779.html

https://www.irs.gov/pub/irs-tege/rollover_chart.pdf 

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