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Returning Member
posted Mar 2, 2024 12:08:42 PM

Difficulty with Form 5329 excess roth ira contributions due to a rollover

Hello,

   I'm manually filling out 5329 to report/pay an excise tax for 2022 on roth ira overcontribution.  It's only an excess contribution based on a rollover from a roth 401k that had an overcontribution.  My issue is line 1 explicitly says not to include rollovers or conversions on Line 19.  Fine but I see nowhere on the form to input it elsewhere.  Anyone know how I would report it?

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1 Replies
Expert Alumni
Mar 8, 2024 2:44:41 PM

All your excess Roth contribution amounts are reported in lines 19-25 in the 5329.