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New Member
posted Jun 1, 2019 12:13:06 AM

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

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New Member
Jun 1, 2019 12:13:08 AM

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