I don't know why the Form 5329 keeps showing up with a penalty when the distribution is eligible for penalty relief due to the Cares Act. I have 2 returns already that this has happened. Does anyone have any idea of why? And the best way to eliminate it?
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Is form 8915E finalized in your software?
Distribution Code 1 on the 1099-R?
Does the same to me no matter what I reply to RMD question. Don’t know if I can use Turbo tax as a result
This is a professional preparer forum for using Lacerte. You are in the wrong place for TurboTax. These are different programs entirely.
You seem to be lost on the internet.
You’ve come to a Peer User community for Intuit Tax Preparation products supporting tax preparation professionals using ProSeries, Proconnect and Lacerte , and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.
Thanks.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.