I have a 5498 form from an IRA in box 5 giving a fair market value. No withdrawel Do I need to put this anywhere on my taxes

glidewell3304 · ‎June 6, 2019

PaulaM · ‎June 6, 2019

No you do not need to enter the Form 5498 in your tax return. Keep for your records. If you made IRA contributions, then navigate to the IRA section to enter them.

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

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PaulaM · ‎June 6, 2019

No you do not need to enter the Form 5498 in your tax return. Keep for your records. If you made IRA contributions, then navigate to the IRA section to enter them.

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

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I have a 5498 form from an IRA in box 5 giving a fair market value. No withdrawel Do I need to put this anywhere on my taxes