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Retirement tax questions
Form 5498 is not entered anywhere in TurboTax. Keep for your records.
IRA contributions would be recorded in the IRA section, but a rollover is not a contribution.
Rollovers can be taxable/nontaxable depending on what kind of retirement plan was rolled into the receiving type of plan. See IRS rollover chart below.
https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/What-Is-IRS-Form-5498-/INF14779.html
https://www.irs.gov/pub/irs-tege/rollover_chart.pdf
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‎June 7, 2019
4:02 PM
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