https://ttlc.intuit.com/community/self-employed-group/discussion/re-form-5329/01/3603546#M16944 <H2><SPAN style="color:rgb(51,51,51);font-size:14px;">TurboTax will automatically generates the 5329 if its discovers that you owe extra tax on a variety of situations, such as excess contributions to an HSA, early distributions from a retirement plan, failure to distribute Required Minimum Distributions, and so on.</SPAN></H2> <H2><SPAN style="color:hsl(0, 0%, 30%);font-size:14px;">The </SPAN><A href="https://www.irs.gov/pub/irs-pdf/f5329.pdf" target="_blank"><SPAN style="color:hsl(240, 75%, 60%);font-size:14px;">Form 5329</SPAN></A><SPAN style="color:hsl(0, 0%, 30%);font-size:14px;"> is filled out and submitted by <STRONG>the taxpayer</STRONG> with the annual Form 1040.</SPAN></H2> <H2><A href="https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-form-5329-additional-taxes-on-qualified-retirement-plans/L0h3GNqRy" target="_blank"><SPAN style="font-size:14px;"><STRONG>What is Form 5329: Additional Taxes on Qualified Retirement Plans?</STRONG></SPAN></A></H2> Thu, 27 Mar 2025 12:49:04 GMT JohnB5677 2025-03-27T12:49:04Z https://ttlc.intuit.com/community/self-employed-group/discussion/form-5329/01/3603388#M16942 <P>Does anyone know how to get Turbotax to file a Form 5329 (I had made an excess contribution to my SEP traditional IRA in 2024 for 2024, and finally got the IRA custodian to return the excess, plus earnings, BEFORE I filed my 2024 return, but now I need to file a Form 5329 and, although I feel I understand the paper Form 5329 and its instructions, I am not sure how to “fill it out” through Turbotax.)</P> Thu, 27 Mar 2025 09:47:52 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/form-5329/01/3603388#M16942 tjwieczore 2025-03-27T09:47:52Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-form-5329/01/3603546#M16944 <H2><SPAN style="color:rgb(51,51,51);font-size:14px;">TurboTax will automatically generates the 5329 if its discovers that you owe extra tax on a variety of situations, such as excess contributions to an HSA, early distributions from a retirement plan, failure to distribute Required Minimum Distributions, and so on.</SPAN></H2> <H2><SPAN style="color:hsl(0, 0%, 30%);font-size:14px;">The </SPAN><A href="https://www.irs.gov/pub/irs-pdf/f5329.pdf" target="_blank"><SPAN style="color:hsl(240, 75%, 60%);font-size:14px;">Form 5329</SPAN></A><SPAN style="color:hsl(0, 0%, 30%);font-size:14px;"> is filled out and submitted by <STRONG>the taxpayer</STRONG> with the annual Form 1040.</SPAN></H2> <H2><A href="https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-form-5329-additional-taxes-on-qualified-retirement-plans/L0h3GNqRy" target="_blank"><SPAN style="font-size:14px;"><STRONG>What is Form 5329: Additional Taxes on Qualified Retirement Plans?</STRONG></SPAN></A></H2> Thu, 27 Mar 2025 12:49:04 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-form-5329/01/3603546#M16944 JohnB5677 2025-03-27T12:49:04Z