dmertz
Level 15

Retirement tax questions

Form 5329 is indeed required to be included.  Even though you are over age 59½, the Form 1099-R reporting a return of contribution from a Roth IRA is required to include code J to indicate that it's from a Roth IRA.  Because you are over age 59½, you'll need to claim an Other reason exception to the early-distribution penalty on the $4,711.  TurboTax will put this amount on Form 5329 line 2 with code 12.