Hello , thank you again....
... I have reviewed my 2022 & 2023 form 5329 .They were all done correctly.For section IV, and paid the 6% penalty,both years So that is looking good. But on my 2024- 5329 ,what was generated with the software was for some reason,with all my enteries being correct,I cant figure out why: LINE 18 = 542.
LINE 19= 20.
LINE 21 = 20.
LINE 24= 522.
LINE 25= 31. (additional tax)
So any way That is how it all came together, any additional info / advice would be helpful,
I'm thinking I should amend my 2024 tax return to show the 0 , on line 25 ...?
Also the $700 was invested for 1.5 years. & my broker did not include any earnings...Shall I try to figure& add that to the distribution if I do Amend 2024...? Thank you so much for any input.
