☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 26, 2025 12:03:05 PM

Force Turbotax to add Form 5329?

IRS instructions require form 5329 where the 1099-R distribution code is incorrect. Pursuant to instructions, I corrected the code on the 1099-R entered into Turbotax but it will not let me populate Form 5329 so that I can indicate the exception code for an early distribution taken due to terminal illness. Plan administrators refuse to issue correct 1099-Rs.

0 1 398
1 Replies
Expert Alumni
Feb 26, 2025 12:15:32 PM

If you corrected the distribution code, TurboTax probably doesn't see any reason to create a 5329.

 

The likely consequence (I don't know how likely) is that the IRS notices that you changed the distribution code on the 1099-R from the copy that they got, and so they may send you a letter asking about it.

 

In this case, you will respond that the distribution code was inappropriate but the administrator refused to correct it, so you had to do this workaround.