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I have a 5498 form from an IRA in box 5 giving a fair market value. No withdrawel Do I need to put this anywhere on my taxes

 
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PaulaM
Expert Alumni

I have a 5498 form from an IRA in box 5 giving a fair market value. No withdrawel Do I need to put this anywhere on my taxes

No you do not need to enter the Form 5498 in your tax return. Keep for your records. If you made IRA contributions, then navigate to the IRA section to enter them.

https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/What-Is-IRS-Form-5498-/INF14779.html

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PaulaM
Expert Alumni

I have a 5498 form from an IRA in box 5 giving a fair market value. No withdrawel Do I need to put this anywhere on my taxes

No you do not need to enter the Form 5498 in your tax return. Keep for your records. If you made IRA contributions, then navigate to the IRA section to enter them.

https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/What-Is-IRS-Form-5498-/INF14779.html

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