Difference between form 5329-T and 5329-S??? Which one to file???

[dmertz]

Form 5329-T is TurboTax's designation for the Form 5329 for the person whose name is listed first on the tax return, the Taxpayer.  Form 5329-S is TurboTax's designation for the person whose name is listed second on the tax return, the Spouse.  Forms 5329 are individual forms, not joint forms, so there is a separate one for each individual on a joint return.  TurboTax automatically prepares and includes the corresponding Form 5329 for the individual that needs it.

[BillWayToday]

Many thanks for this explanation.  

[ewshirley54]

Forms for both are not identical in calculation and reporting of the penalty.    

[Opus 17]

@ewshirley54 

If you and your spouse are both calculating a penalty this year, then the calculation for each spouse will be unique to that spouse‘s tax facts.