530468
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

IF I OPENED A ROTH IRA IN 2018, DO I NEED TO REPORT FORM 5498

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

IF I OPENED A ROTH IRA IN 2018, DO I NEED TO REPORT FORM 5498

  • Click on Federal Taxes 
  • Click on Deductions and Credits 
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement and Investments
  • On Traditional and Roth IRA Contributions, click the start or update button

It is not deductible, but may qualify for the Retirement Savings Credit.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question