@goyal_raj wrote:
Yes, I have sent them an email to confirm.
So if I follow the code on the broker statement, i would add my gains to 2020. How do i get the 5329 then for 2020 and would it show just that gain of 5.09?
And do i need 5329 for 2019 also? I could not generate it in Turbo tax if enter just the 6k contribution.
Thanks,
There will not be any 5329 at all the way the 1099-R's are unless you are under age 59 1/2 then the $5.09 would be subject to a 10% penalty. (51 cents).
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
