Retirement tax questions

Thank you so much for helping me Dmertz.

 

I did what you said in your message above and now my 5329 form shows the following:

 

LINE 1: $211

LINE 2: $211          The exemption number shown is 12.

LINE 18: $0

 

That is all it shows on the 5329 form.   Does that sound right?   So does this puts this to "bed" and I won't be taxed on this ever again or get some sort of tax penalty etc. later in the future?

 

Lee