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scrooster27
New Member

What do I need to do with my 2016 Form 5498 Contribution information on my 2016 taxes?

 
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ddaven12
New Member

What do I need to do with my 2016 Form 5498 Contribution information on my 2016 taxes?

You don't need to enter information from your Form 5498 (IRA Contribution Information) into TurboTax like you do with a W-2 or 1099s. In most cases, you'll find the information needed for your return on other paperwork, such as a year-end summary statement or a Form 1099-R.

Keep Form 5498 with your records for future reference when you need to determine the end of year value or your investment basis in non-deductible or Roth IRAs.

For more  information What to do with Form 5498

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