I got a "check this entry" for Form 5329-S. "Your calculations could not be completed. Reference code: 2-760-852." How do I check this entry?

[mlibdoyle]

How do I check Form 5329-S? I have no idea what it is, but it keeps coming up on my review with a reference code.

[DaveF1006]

it depends on whether or not you have a spouse. If you have a spouse who has a RMD requirement for this year, then Turbo Tax will inset a 5329-S form.  Conversely, if you have a RMD requirement, yours would appear as a 5329-T indicating you are the taxpayer filing the return.

Also, if your spouse took an early withdrawal, a 5329 is issued to a taxpayer to report additional taxes on IRAs, other qualified retirement plans, modified endowment contracts, Coverdell ESAs, QTPs, Archer MSAs, or HSAs. Please review this IRS link for further details. i couldn't find any details on the reference code you provided but if your spouse does not fit the parameters I listed above, please go to tax tools>tools>delete a form>delete 5329-S.

Also, if you fit any of the parameters listed above instead of your spouse, check your entries to make sure it's your 1099 reported and not your spouses.  Hopefully, this helps.

[mlibdoyle]

Thanks for your reply! No spouse, and I have no RMD, so I don't understand why this particular code popped up. I don't have an IRA, nor a ROTH IRA, and I am 68 years old and am still working full time. I've not withdrawn anything from my retirement. I'm not sure how to get past this page with the code - Turbo Tax won't let me bypass it.

[DaveF1006]

It depends. At this point, go to tax tools>tools>delete a form>find 5329-S and delete the form. If this doesn't work, reply back or call 1-800-446-8848 and have a support specialist view your screen to see why this error persists. [Edited 01-24-2021|02:12 PST]

[macuser_22]

Are you using an account that previous filed a joint return  with a spouse and you are  no longer married?

If so, then you need to create a new account with a new ID and password since it is impossible to remove all spouses information form a prior joint return.

[mlibdoyle]

No. I've been using Turbo Tax for about ten years, and always as a single filer.

[mlibdoyle]

Thanks! I will try that.