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Level 1
Jun 1, 2019 9:17 PM UTC
Question

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

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    4 replies

    Level 15
    Jun 1, 2019 9:17 PM UTC

    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.

    Level 2
    Jan 20, 2020 11:53 PM UTC

    Many thanks for this explanation.