turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

gkovar
New Member

Can I fill out form 5329 in premium edition? I have "Additional Tax on Excess Accumulation in Qualified Retirement Plans"

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
rjs
Level 15
Level 15

Can I fill out form 5329 in premium edition? I have "Additional Tax on Excess Accumulation in Qualified Retirement Plans"

You can fill out Form 5329 in Premium if you have a Form 1099-R, so that you get to the questions about whether you received all the RMD that you were required to take for 2024. If you answer that you did not, it will lead you through completing Form 5329.


Unfortunately, there is a defect in the TurboTax interview that makes it impossible to fill out Form 5329 if you did not receive any 1099-R for 2024. The only way to fill it out is in forms mode, which is only available in the desktop TurboTax software, not in TurboTax Online. That means you would have to use the desktop software to file your 2024 tax return if you need to file Form 5329.

 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question