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Web irs form 5329 can be reported for both the taxpayer and the spouse in a married filing jointly tax return. Web on september 7, 2022, you withdrew $800, the entire balance in the roth ira. The additional tax on early distributions doesn't apply to qualified disaster distributions, including 2020 coronavirus. Complete, edit or print tax forms instantly.
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Web use form 5329 to report additional taxes on iras, other qualified retirement plans, modified endowment contracts, coverdell esas, qtps, archer msas, or hsas. February 2021) department of the treasury internal. This form is called “additional taxes on. Form 5329 applies to each individual that might owe a penalty, so for married couples filing jointly, each spouse must complete their own form.
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