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

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

If I received Form 5498 IRA Contribution Information 2023 form after I already filed, do I have do an amendment. This is a rollover not income.

A small IRA contribution was done, after my retirement.  I received 2023 Form 5498 IRA Contribution Information.  Does this need to be reported in my 2023 income taxes?  It wasn't income, merely a rollover.  Please advise...
Connect with an expert
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
PaulaM
Expert Alumni

If I received Form 5498 IRA Contribution Information 2023 form after I already filed, do I have do an amendment. This is a rollover not income.

For purposes of the Form 5498, rollovers are considered 'contributions' even if they are not deductible. You do not need to amend or report on your 2023 taxes. Keep for your records. 

 

What Is IRS Form 5498: IRA Contributions Information?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies