What do I do with Form 5498?
Updated: 1/16/2013
Article ID: IAS10309
You don't need to enter information from your Form 5498 (IRA Contribution Information) into TurboTax like you do with a W-2 or 1099. In most cases, you'll find the information needed for your return on other paperwork, such as a year-end summary statement or a Form 1099-R.
Keep it 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.