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New Member
posted Jun 4, 2019 5:25:24 PM

I am not sure I need to submit a Form 5498 along with the 1099-R form.

I withdrew all my contributions from my IRA in 2016.  Do I need to submit a Form 5498 along wth the1099-R form?

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1 Best answer
New Member
Jun 4, 2019 5:25:25 PM

There's no reporting requirement on a 5498 form.  It summarizes amounts going into an IRA.  It's an information form for your records.

1 Replies
New Member
Jun 4, 2019 5:25:25 PM

There's no reporting requirement on a 5498 form.  It summarizes amounts going into an IRA.  It's an information form for your records.