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rsfsherwin
New Member

I have a form 5498 IRA contribution information: what do I do with it? No contributions were made. It is just stating the fair market value of a life insurance account

 
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KrisD
Intuit Alumni

I have a form 5498 IRA contribution information: what do I do with it? No contributions were made. It is just stating the fair market value of a life insurance account

You may keep it with your files, but you do not report a 5498 on a tax return.

(you could use it as a reference if you were reporting contributions you made to an IRA account)

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KrisD
Intuit Alumni

I have a form 5498 IRA contribution information: what do I do with it? No contributions were made. It is just stating the fair market value of a life insurance account

You may keep it with your files, but you do not report a 5498 on a tax return.

(you could use it as a reference if you were reporting contributions you made to an IRA account)

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