I still do not understand if I have to file a 5329 form or not. Could a "turbotax expert" please help me by explaining specifically if I have to file a 5329? The story again is: In 2019 I put $7,000 into my Roth IRA (I am over 59 1/2). Then a few months later I rolled over money from my IRA to my Roth. I found out that I had gone over the limit of $203,000 MAGI and so I have to to a "return on excess" and pull the money back out of my Roth plus the earnings on it ($210.71) and this was done. Now I got a 1099-R that has the year 2020 on it that shows in box 1 (Gross Distribution) $7,000 and in box 2 (taxable amount) $210.71. The codes in box 7 are P and J. So I found out that I had to amend my 2019 taxes which I did and added in the 1099-R with the data I mentioned above so I got a 1040X out of it and I owe a small amount of tax (on the $210.71).
When I amended my 2019 in turbotax it never mentioned that I need to do a 5329.
The question I have is do I have to file a 5329 even thought turbotax never mentioned one when I did my 2019 amendment?
thanks in advance
Lee
