topic Do I enter the rollover contributions on Form 5498 Box 2 as contribution? in Retirement tax questions

Do I enter the rollover contributions on Form 5498 Box 2 as contribution?

tjmatt90 — Tue, 24 Feb 2026 06:59:02 GMT

My 401k was transferred to a safe harbor IRA. I received Form 5498, with an amount in Box 2 (Rollover Contribution). Should I enter this as an IRA contribution?

Re: Do I enter the rollover contributions on Form 5498 Box 2 as contribution?

NCperson — Mon, 10 Jul 2023 14:15:38 GMT

Form 5498 is not entered into your tax return. it is for your information only.

you will receive a form 1099-R to reflect the transaction. THAT should be entered into your tax return.

Re: Do I enter the rollover contributions on Form 5498 Box 2 as contribution?

Critter-3 — Mon, 10 Jul 2023 14:38:46 GMT

Should I enter this as an IRA contribution?

No...it was Not a contribution...it was a ROLLOVER.