Replies to post #107138 on Bancorp International Group Inc (fka BCIT)

[mainuh]

wynsurf, check this out....

Why did I receive a Form 5498?
You will only receive a Form 5498 if you did one of the following during the tax reporting year: (a) you made contributions to your traditional IRA, Roth IRA, SEP-IRA or SIMPLE IRA (b) you rolled over money from a qualified retirement plan or TSA to your IRA (c) you rolled over money from one traditional IRA to another traditional IRA, (d) you converted all or a portion of your traditional IRA, SEP IRA or SIMPLE IRA to a Roth IRA, or (e) you recharacterized an IRA contribution. Any withdrawals you took during the tax reporting year were reported on Form 1099-R in January. Direct trustee-to-trustee transfers, in which you never take possession of the assets, are not reported to the IRS and will not appear on Form 5498.