ThomasM125
Expert Alumni

Get your taxes done using TurboTax

Form 5329 will be populated based on your answers to questions in the IRA contribution or pension plan distribution sections in TurboTax. It sounds like you are referring to a distribution, which would be reported on a form 1099-R. When you enter that form, any penalty applicable will be calculated and form 5329 will be populated based on the information you enter in the program.

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