@macuser_22 Let me see if I understood this correctly --
Due to old-aged forgetfulness I failed to take my RMD for 2019. As soon as I discovered the mistake (the other day as I was getting my documents together), I contacted the institution and arranged for the distribution at once. Now I want to apply for the IRS waiver of any tax and/or penalty as a consequence of my forgetfulness.
Using the Free File Program of TurboTax, can I complete my 2019 return EXCEPT for Form 5329 and print the return on paper; then manually print Form 5329 and fill it out by hand; then mail it together with my printed TurboTax return?
What about Schedule 2? Do I need to file it? Since I am requesting a waiver on the full amount of the missed RMD, resulting in zero (-0-) on line 54 of Form 5329, then 50% of line 54 is zero (-0-) and line 55 is also zero (0-) so is there anything to report on Form 1040-SR?
BY THE WAY -- I just noticed that the instructions for line 55 on Form 5329 say to report the amount on that line to line 6 of Form 1040-SR. But line 6 has to do with capital gain/loss reporting. The line for IRA distributions is line 4 (parts a and b). Is this an error on Form 5329 line 55?
Thank you for your help.
