Question

I have filed with turbo tax every year. It wouldn't left me file after paying. It saying something about form 5329-T needs to be reviewed. Not sure what to do.

Forum|Forum|2 years ago
January 23, 2024
2 replies
0 views

Why can't I file. My return is pretty basic but there is a problem with a 5329-T form. I paid but looks like it's in review. Does anyone know what to do?

TurboTax Deluxe Online

X

xmasbaby0

Employee

Click Review to see if you are missing some forms needed in order to e-file.

Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.

Tax form availability tool,

No hurry to e-file since the IRS will not begin to accept/reject 2023 e-files until January 29. And….a state return cannot be accepted until after the IRS accepts your federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

O

Opus 17

Employee

5329 is the penalty form used to calculate penalties on excess contributions or early withdrawals from IRAs, other retirement plans, health savings accounts, and a few other things. The -T means "taxpayer". (If you are filing married filing jointly, -T means the first named taxpayer and -S means spouse.)

Do you have a situation involving penalties for excess contribution or early withdrawal? Did you have such a situation last year that might require carryover to this year?