That is an excess Roth contribution. An excess Roth penalty of 6% repeats every year until the excess has been removed.
If it has been removed and then go to the IRA contribution section - click on Roth - click through the interview until the excess amount comes up (should be the same as line 18) and enter 0 (zero). That should remove the excess and the 5329 form. However, if the excess is still in the Roth, the 2016 penalty is correct. it must be removed before the end of 2017 or the penalty will apply again on the 2017 tax return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
