I received form 5498 from my bank that my account belongs to. However, under line 7 it says, IRA so I don't know if this is a Roth or traditional?
You'll need to sign in or create an account to connect with an expert.
There is a separate entry for IRA and Roth IRA for Box 7 on the 5498. so if yours says IRA, it would be a traditional IRA.
There is a separate entry for IRA and Roth IRA for Box 7 on the 5498. so if yours says IRA, it would be a traditional IRA.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
dilma6170
New Member
question_tax2025
New Member
marykwoo
New Member
dmcrory
New Member
Hawkerpilot62
New Member