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FORM 5498 2022 IRA CONTRIBUTION

Foxy-Lady
Level 3

Client received a 1099R - code 7.   Received Form 5498 showing that the 1099R was a Rollover contribution.   The Client had taken the funds but returned them within the allotted time.  How do I show this on the tax return that the funds are non-taxable income.

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Just-Lisa-Now-
Level 15
Level 15

Scroll down to Page 2 of the 1099R worksheet, you'll find your rollover options.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15

Scroll down to Page 2 of the 1099R worksheet, you'll find your rollover options.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Foxy-Lady
Level 3

THANK YOU!!!!!!