Retirement tax questions
IRS form 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts has several purposes. For what purpose do you need to use the form?
The form is invoked by the TurboTax software as it is needed. For instance, the screen These Situations May Lower Your Tax Bill within IRA, 401(k), Pension Plan Withdrawals refer to IRS form 5329 Part I.
