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The easiest way to enter, add it to your property tax. Since the Tax Cuts and Jobs Act (TCJA) of 2017, "miscellaneous itemized deductions" (like investment advice fees) are no longer deductible at the federal level. However, Investment Property Taxes are handled differently: Real estate taxes on investment property are still deductible as an Itemized Deduction on Schedule A. They are grouped with your state and local income taxes (or sales tax) and your primary residence property taxes. There is not a separate entry for the investment. The sch A lists only totals. Supporting worksheets do not go to the IRS. @kre635 

As I’ve mentioned, searched for tax file on windows Desktop but will do so again. IF I find it, how can it be linked back/accessed again through TurboTax icon to be able to submit it online and hopefully be there next year upload before doing 2026 tax return? 

From my understanding, you are going to have to use a desktop version and not the web online version. Once I switched to the desktop version, I was able to go into form view and search for the form and fill it out. I was also finally able to do the waiver statement as well. I did a print preview before e-filing and it looks like they sent both the 5329 and the waiver statement.

This is the error message I get when I open Turbox Tax after receiving an email that the state return was rejected. I don't see a rejection code from Arkansas. This is the only error message that I have received.   Description of error: Data in the return is missing or invalid. Please double check your entries. What needs to be done: Form AR3in the Arkansas return has a value on "Other Contributions" line. Type and Amount are required for each entry. Fix any incomplete or incorrect information and remove an $0 entries if applicable.

Taxes for a sole-proprietorship/Schedule C are the same for a single-member LLC.    If you have a partner or make an S-Corp election, you would need to use TurboTax business to file your business taxes on Form 1065 or 1120-S.   Those returns cannot be included with your personal taxes like a Schedule C can.     All of your health and wellness business income gets reported on the same Schedule C no matter what id numbers they put on the forms.    If the income is related to your business and you are a sole proprietor or a single member LLC - it goes on your business Schedule C.     What type of entity is my business?   Your form of business determines which income tax return form you have to file. The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.    A limited liability company (LLC) is a business structure allowed by state statute.    Sole proprietorships Partnerships Corporations S corporations Limited liability company (LLC)  

Can you clarify a couple of the conditions? What is the code in box 7? Did you get two different questions? Was this an RMD? Was this a rollover? Were you able to answer them separately?

Thanks for replying. Yes, this is what I did as well. The problem is it won't concile. I'm roughly $300 higher than the subtraction that Turbo Tax provides. I've spent literally 2hrs trying to reconcile this. It's driving me somewhat batty 😉 

None of these answers are helping me. I have spent 3 hours trying everything shown here to get a 5329 generated on the web version.  I have a missed RMD. Give me a short and easy way to get it to generate the form.  Going through the 1099-R route doesn't work and it never prompted any questions about a missed RMD to generate the form.

Thanks for the reply.  Unfortunately neither of the links were able to get me to where I can access the code.  I found the list of products as shown below, but there is no link or way get the code.    It just has me sign back in again and loops me back to the same thing below.       CA TY2025 TurboTax Desktop Standard CA TY2024 TurboTax Desktop Standard CA TY2023 TurboTax Desktop Standard CA TY2022 TurboTax Desktop Home & Business CA TY2021 TurboTax Desktop Standard CA TY2020 TurboTax Desktop Standard