No. To change the distribution code on your Form 1099-R, you should contact the financial institution that issued you the Form 1099-R if the code is incorrect. Changing the code without a corrected Form 1099-R would cause a mismatch with the IRS's records.
Form 5329 (Additional Taxes on Qualified Plans) is automatically generated if you are required to report additional taxes on a qualified retirement plan distribution. The requirement to file Form 5329 is based on your age and answers to questions in the TurboTax entry area for Form 1099-R.
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