I rolled over money from my former employer's 401k program to a Traditional IRA is this considered an IRA contribution,? I have a form 5498 from Fidelity

[Ghawk57]

There is a large amount in line 2 would that be my IRA contribution?

[KatrinaB · Accepted solution]

Yes, but this is considered a roll over contribution.  When Turbo Tax asks if you contributed to an IRA, it does not mean from rollovers.  Please indicate that you did not contribute to an IRA, unless you contributed funds other than this rollover.
 
You also do not need to report your Form 5498.  This form is for …… (continue with your answer) You have contributed to an IRA, with your 401K funds, however you do not need to report form 5498. This form is for informational purposes only. For more information about this form, please view the Turbo Tax link below.

https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Forms/What-Is-IRS-Form-5498--IRA-Contribution...

[edited, 02/02/17]

[KatrinaB]

I have edited the answer.