If you missed taking your RMD for 2024, follow the steps below. TurboTax will generate Form 5329 once you indicate you missed/were late on your required minimum distribution (RMD). Login to your TurboTax Account or Open your return Search for 1099-R from the search bar Click on the Jump to 1099-R link Continue until you get to Did You Miss a Required Distribution From Any Retirement Accounts? page Select the IRA box and click on Continue If you have a reasonable cause, TurboTax will help prepare a waiver to possible remove the penalty.

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fandmgii

Question

Search does not lead to form 5329. I need to handle a late IRA RMD. How do I get to form 5329.

Forum|Forum|1 year ago
March 4, 2025
1 reply
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DawnC

Employee

If you missed taking your RMD for 2024, follow the steps below. TurboTax will generate Form 5329 once you indicate you missed/were late on your required minimum distribution (RMD).

Login to your TurboTax Account or Open your return
Search for 1099-R from the search bar
Click on the Jump to 1099-R link
Continue until you get to Did You Miss a Required Distribution From Any Retirement Accounts? page
Select the IRA box and click on Continue

If you have a reasonable cause, TurboTax will help prepare a waiver to possible remove the penalty.

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