For my 2024 federal return I download the information for my RMD from my institution. I withdrew all that I was supposed to long before the end of 2024, then gave most of it to charities. So about $10K is taxable income. It handles that fine, but then it makes errors on form 5329 and calculates a $7000+ tax penalty.
It should not be using form 5329 (additional taxes on qualified plans) at all. It seems to be thinking that I failed to take the full withdrawal in 2024. But there is no way to debug it.
I can't figure out how or why it is doing the calculation. I tried deleting the data and downloading it again, but it didn't help. I tried giving it a date for when I made the withdrawal, but it made no difference.
Is there any way to manually enter data in a 5329 form to correct the error?
Thanks.
