how to trigger form 5329 for an inherited IRA without a 1099-R

[DaveF1006]

To clarify, are you using TurboTax online or Desktop?

[bretthudechek]

Using TurboTax online. I have already entered one 1099-R. It explicitly says do not add an amount or missed RMD from another 1099-R. I need to submit form 5329, and there seems to be no way to trigger it. 

[ReneV4]

Since personal and inherited IRAs require separate RMD calculations, I'm assuming your first 1099-R was for a personal distribution. If it wasn't, you can trigger Form 5329 within that same entry. Simply enter the total RMD you should have taken by December 31, 2025 (at step 11 below). Once TurboTax sees the required amount is higher than the actual distribution, it will automatically prompt you for the waiver.

Otherwise, if you did not take your RMD and did not receive a Form 1099-R, but would like to request a waiver via Form 5329 for your inherited IRA in TurboTax Online, do the following:

1. Go to Wages & Income and select Retirement Plans and Social Security, 1099-R...
2. Select, IRA, 401(k), Pension Plan Withdrawals (1099-R), then Start
3. Here, you will select Add a 1099-R, but will enter $0.00 in Box 1 and Box 2a since this is only to trigger the RMD interview, Continue
4. Note: Box 7 should have Code 4 for an inherited IRA, as well as the IRA/SEP/SIMPLE box checked
5. Click Continue through the interview, answering through next screens
6. When you reach Review your 1099-R Summary, click Continue
7. Ensure you selected, I inherited this IRA plan, Continue
8. Enter the information about from whom it was inherited, Continue
9. Answer the, "Did you have nondeductible contributions for this IRA?", typically No (unless your mother tracked her basis on Form 8606), Continue
10. Year when the person from whom you inherited IRA was born, Continue
11. When you reach, "Let's get more information about your Required Minimum Distribution (RMD), enter the amount of your RMD that was due by December 31, 2025 (but did not take), Continue
12. On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?"
13. Select "None of this distribution applied...", Continue
14. Next, you will be asked, "Did you take out the remaining $_ during the correction window?", Select, "No, I did not", Continue
15. When you reach, "Review your 1099-R summary, Continue (not the pencil)
16. When you reach, "Let's go over any required minimum distributions (RMD), Select the pencil
17. Next, you will see, "Did you miss taking the...RMD...?", Select Yes, Continue
18. Enter the amount of the RMD (that you should have taken) when you reach, "Tell us the Total RMD...", Continue
19. Select "No", when asked, "Did you take a corrective distribution...?", Continue
20. Do you want to request a waiver, select, "Yes", Continue
21. Next, enter the amount of your RMD for which you are requesting the waiver, Continue
22. Next, enter an explanation, Continue