2013 form 5329-2025

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  1. Click 'Get Form' to open it in the editor.
  2. Begin by entering your social security number and name in the designated fields. If you are married and filing jointly, ensure to follow the specific instructions provided.
  3. Fill out your home address, including city, state, and ZIP code. If applicable, complete the foreign address section.
  4. Proceed to Part I if you took early distributions from a qualified retirement plan. Enter the total amount of early distributions on line 1.
  5. If any exceptions apply, indicate them on line 2. Calculate the amount subject to additional tax by subtracting line 2 from line 1 and enter it on line 3.
  6. Calculate the additional tax (10% of line 3) and include this amount on Form 1040 or Form 1040NR as instructed.
  7. Continue filling out subsequent parts for education accounts, traditional IRAs, Roth IRAs, Coverdell ESAs, Archer MSAs, HSAs, and any excess accumulation as applicable.
  8. Once completed, you can print, download, or share your form directly from our platform for free.

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If you take an early withdrawal from your IRA or 401(k), complete Part 1 or 2 of Form 5329 to calculate possible IRS penalties or request a penalty waiver. Use Form 5329 to report withdrawals from a 529 plan or Coverdell education savings account (ESA) not used to pay for qualified educational expenses.
Get tax Form 5329 from a government agency, a tax preparation service, or you can download it from the IRS website. Once you have the proper form, fill in your personal details including your name, address, and social security number.
You may be able to get the penalty waived if you missed taking your RMD due to an illness, mental incapacity, or bank error. Youll calculate that penalty in Part 9 of Form 5329. To request a waiver, enter RC (for reasonable cause) and the amount of shortfall you want waived on the dotted line next to Line 54.
Use Form 5329 to report additional taxes on IRAs, other qualified retirement plans, modified endowment contracts, Coverdell ESAs, QTPs, Archer MSAs, or HSAs.
IRS Form 5329 is used to report additional taxes on various tax-favored accounts, such as IRAs, qualified retirement plans, modified endowment contracts, Coverdell ESAs, QTPs, Archer MSAs, HSAs, and ABLE accounts.

People also ask

Form 5329 is not required if all you need to report is the 10% penalty on the entire distribution and dont qualify for an exception.
In addition, the earnings on the excess contribution may be subject to a 10% penalty and you may need to complete IRS Form 5329 and attach it to your tax return.

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