File Form 5329 with your 2024 Form 1040, 1040-SR,1040-NR, or 1041 by the due date, including extensions, of your tax return. If you don’t have to file a 2024 income tax return, complete and …

5329 Department of the Treasury Internal Revenue Service Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts Attach to Form 1040, 1040-SR, 1040-NR, …

Use Form 5329 to report additional taxes on IRAs, other qualified retirement plans, modified endowment contracts, Coverdell ESAs, QTPs, Archer MSAs, or HSAs.

When filing taxes, it's important to make sure you're reporting all of your income correctly. That includes making note of early distributions on Form 5329.

Form 5329 must be filed if any of the following apply: The taxpayer received a distribution from a Roth IRA and either (a) the amount on Form 8606 line 25c is more than zero, or (b) the …

2025年3月14日 · Generally, when an individual makes an excess contribution to an individual retirement account (IRA), takes an early distribution from an IRA, or fails to take a required …

2024年8月14日 · IRS Form 5329 is the form that taxpayers use to calculate and report additional taxes on certain tax-preferred accounts to the Internal Revenue Service. Taxes calculated on …

2025年1月5日 · The Internal Revenue Service (IRS) uses Form 5329 to determine whether taxpayers owe additional taxes on their retirement accounts due to early withdrawals, excess …

If your Form 1099-R distribution was for any of the reasons listed below, it is generally exempt from additional penalties for an early withdrawal. If any of the exceptions apply, you may enter …

In this article, you'll find answers to frequently asked questions on Retirement Plan Taxes (Form 5329). Beginning with distributions made after December 31, 2023, two new exceptions have …