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5329 & Select correct box
I mailed form 5329 to the IRS in Jan for an incorrect 2021 RMD. My question is how do I handle this in TT for this year? I have a choice of checking - I received ALL or Did NOT receive all the distribution. If I check off received all and finish my return will this cause a RED flag for the IRS because I filed a separate 5329 in Jan? If I check off DID NOT receive all will this cause problems because the IRS has a 5329 and TT generates a new 5329 or at least notifies the IRS there was a problem with the 2021 RMD? I plan on filing with e-File next month? I have not had any correspondence from the IRS as of today.
March 19, 2022
9:36 AM