What code is on box 7 on your 1099-R?
If under age 59 1/2 the code should be P1 or 81.
A 5329 is probably not required but there should be a Schedule 2 with the $1.00 of tax on line 6 and a "NO" a 5329 is not required (5329 is not always required to report the tax).
**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.**
