Retirement tax questions

Look on Schedule 2 line 8.  If it says "No"   next to the amount then there is a penalty but the 5329 form itself is not required.

 

See the 1040  instructions page 98 for the exception to having a 5329.

 

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

 

**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.**