@Matt133 wrote:
Thank you all for the help and advice.
Going forward. I will need to print and send my return to the IRS with US MAIL when complete on TurboTax, with that being said. I fill out the section on the 5329 concerning the missed RMD and I took it in Feb 22, include an explanation letter, etc.
Does that 5329 have any effect on my 2021 taxes in terms of paperwork? Does anything on the 5329 need to be transferred over the to 1040 or just staple it to the back of the 1040 print out I get from Turbo Tax?
It has no effect in 2021 but you mail it with an amended 2020 tax return - not 2021.
**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.**
