Received a Form 5498 for my Dad's CD which was POD to me. I have already filed a 1099 for this payment on my own taxes. Do I need to include this form on his taxes?
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Received a Form 5498 for my Dad's CD which was POD to me. I have already filed a 1099 for this payment on my own taxes. Do I need to include this form on his taxes?
Received a Form 5498 for my Dad's CD which was POD to me. I have already filed a 1099 for this payment on my own taxes. Do I need to include this form on his taxes?
A Form 5498 is an informational form only, it is not entered on a tax return.