Hi dmertz,
It would be appreciated if someone from TurboTax would look at this issue.
So, what I have determined is that TurboTax will generate Form 5329-T when code "U" is used in box 7 of a 1099-R if the filer is over the age of 59 1/2 years old but does not if the filer is under age 59 1/2.
Form 5329-T should not be generated when code "U" is used in box 7 of a 1099-R regardless of age.
If you know how to get someone from TurboTax involved, please let me know, or feel free to pass this thread on to them.
Thanks
