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Why? - Form 5498 is not normally issued until May and is not needed to file and not directly input into Turbotax as a form like a 1099 - it will confirm activities that you should have already included in your return in the deductions&credits IRA section for contributions, or in the income section if you have a 1099-R.
You may be asked for market value of your IRA(s) as of 12/31/25 e.g. in the 1099-R or IRA section for Form 8606 Line 6 - and Turbotax suggests you need 5498 for this which is misleading - you should use your year-end brokerage statements for this (per IRS instructions).
You will not find Form 5498 anywhere in TurboTax. This form is not entered as part of your return as a general rule. In some instances, you may be asked for information from Form 5498, but usually the information you need can be found in other paperwork you already have.
To learn more, see the following TurboTax help article:
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