I did not get a 5498 on my roll over IRA, and was told I will not get one unitl May?
How does this affect my tax filling this year? Do I need the document to file? and if so how do I file by april 15th if I don't get the document until may?
When was the rollover done? If it was done in 2007, show the gross amount on Line 15a and $0 on line 15b of Form 1040. That tells the IRS that it was a non-taxable rollover. The 5498 information that they receive from the custodian will confirm that fact and all will be well. Just be SURE that it was a properly completed rolllover and verify that the amount in box 2 of the Form 5498 represents the total amount of the distribution and the rollover amount.
If the rollover was done in 2008, it's an issue for next year's return but you'll handle it the same way.
At any rate, you don't attach Form 5498 to your return so there's no need to delay filing your tax return past the due date.
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