TurboTax HelpTurboTax HelpIntuit

What do I do with Form 5498?

SOLVEDby TurboTax25128Updated 3 days ago

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 info 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.

Was this helpful?

You must sign in to vote, reply, or post
Dynamic AdsDynamic Ads