I understand per one of the "TurboTax Help" notes that the trustee has until May 31 to send a Form 5498 to me and to the IRS.
You'll need to sign in or create an account to connect with an expert.
To enter your traditional IRA contribution:
You won't get a 1099 from the trustee, because it's a contribution, not a distribution. You don't need Form 5498 to file your taxes. You would already have confirmation of your contribution from the IRA from when you made/make the contribution.
To enter your traditional IRA contribution:
You won't get a 1099 from the trustee, because it's a contribution, not a distribution. You don't need Form 5498 to file your taxes. You would already have confirmation of your contribution from the IRA from when you made/make the contribution.
Unfortunately, even though it is just a line entry I discovered it cam;t be done on the free version of Turbo Tax
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Anonymous
Not applicable
momofduke
New Member
ra8223
New Member
QuincyPowell
New Member
TexasOffroad
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.