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Form 5498 is INFORMATIONAL only, it is not reported on a tax return.
I assume you inherited an IRA which is not taxable, however how it is treated regarding distribution requirements vary depending on your relationship to the original owner.
There should not be any taxes paid listed on the 5498.
More information about inherited IRA
Do you mean you inherited an IRA and got a 1099-R? Did you cash out the IRA all at once? (You had other options).
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