Reply To: Form 5498 line 7

Home Fairmark Forum Retirement Savings and Benefits Form 5498 line 7 Reply To: Form 5498 line 7


I guess that explains why my 2019 contribution, made in 2020, and my 2018 recharacterized contribution, made in 2019, both showed up in the same 5498 labeled 2019.

As far as the explanatory statement, it appears the IRS doesn’t bother looking at those, based on the several CP2000’s I’ve received.

Thanks much, Alan.