How do I add tax form 5329 to my Turbotax Filing?

[chrism61]

I inherited an IRA 13 yrs after the owner died.  The IRS told me I had to file form 5329.  I can't find how I can add this form to my Turbotax filing.

[DaveF1006]

It  depends. Now, are you required to take this in 2022 or were you suppose to take it in 2021? If 2022, then you will report this on your next year's tax return. If 2021 and if this will be your first distribution, you will need to take by April 1.  According to IRS.gov, if this is your first year taking the distribution, you have have until April 1. After this first year going forward, you must file by Dec 31.  

You need to contact the trustee of the IRA and tell them that you need to make a required minimum distribution if you are required to take this in 2021. In turn they will issue you a 1099R. When you report the 1099R, there will be questions that will be asked to determine if this is a Required minimum Distribution. Once your responses are recorded, the 5329 will be automatically generated in your return.

[fanfare]

@DaveF1006 

Suppose the answer to "it depends" turns out to be, Yes, Required. 

How do you do it?

I don't think it can be done.

[chrism61]

Thank you for responding.  Unfortunately, my circumstance is a little more complicated and does not fit neatly into either of the 2 categories published by the IRS.  I did however finally speak with the IRS and was informed no action is needed until I am required to take an RMD, which will be for tax filing year 2022