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Level 2
posted Feb 15, 2022 8:31:41 AM

Form 5498

I received a Form 5498 (IRA Contribution Information) but did not receive a Form 1099-R.

Is there anything I need to do on my 2021 tax return?

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1 Best answer
Level 15
Feb 15, 2022 8:47:51 AM

@Waltk34 wrote:

I understand that Form 5498 is an informational form only and it is not entered on a tax return.

My wife also received a Form 5498, however she also received a related 1099-R.

Should I have received a related 1099-R also?

If you did not receive a distribution from your retirement account in 2021 you will not receive a Form 1099-R.

3 Replies
Level 15
Feb 15, 2022 8:33:51 AM

A Form 5498 is an informational form only and it is not entered on a tax return.

Level 2
Feb 15, 2022 8:45:56 AM

I understand that Form 5498 is an informational form only and it is not entered on a tax return.

My wife also received a Form 5498, however she also received a related 1099-R.

Should I have received a related 1099-R also?

Level 15
Feb 15, 2022 8:47:51 AM

@Waltk34 wrote:

I understand that Form 5498 is an informational form only and it is not entered on a tax return.

My wife also received a Form 5498, however she also received a related 1099-R.

Should I have received a related 1099-R also?

If you did not receive a distribution from your retirement account in 2021 you will not receive a Form 1099-R.