Where do you enter income from a form 5498 and where do you enter interest payments from forms 1098

I have an RMD amount on form 5498. If this is taxable income, where do I enter it?

187

Expert Alumni

Feb 18, 2021 2:43:08 PM

Form 5498: IRA Contributions Information reports your IRA contributions to the IRS. Your IRA trustee or issuer - not you - is required to file this form with the IRS by May 31. If you took distributions from an IRA (including RMDs) they would be reported on Form 1099-R.

To report your interest reported on Form 1098:

Click on Search
Type "Form 1098" and hit Enter
Click on "Jump to Form 1098"
The program will guide you through entering your 1098

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Where do you enter income from a form 5498 and where do you enter interest payments from forms 1098