2023 Form 3805P Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts -2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering your personal information at the top of the form, including your first name, last name, SSN or ITIN, and address.
3. In Part I, check the box if this is an amended form. Then, complete the fields regarding early distributions. Enter any early distributions included in income on line 1.
4. For line 2, indicate any exceptions that apply to your early distributions. Subtract this from line 1 to find the amount subject to additional tax on line 3.
5. Calculate the tax due by multiplying the amount on line 3 by 2½% (.025) and enter it on line 4.
6. Proceed to Part II for additional taxes related to education accounts. Fill out lines 5 through 8 similarly as per instructions provided.
7. Finally, complete Part III for Archer and Medicare Advantage MSAs if applicable. Ensure all calculations are accurate before signing at the bottom of the form.

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