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Form 5329 Included for Early Distribution Erroneous
TurboTax Windows Desktop is generating Form 5329 Part I for additional tax on early withdrawals. I entered Pension and IRA distributions as part of my income and selected 7-normal distribution in Box 7. Therefore Form 5329 is not required and should not be generated. Turbo tax has generated Form 5329 for each distribution, listed the entire distribution on line 2, Part I, and listed exception 12. Is there a way to delete Form 5329 before filing my taxes with IRS?
‎January 27, 2025
12:56 PM