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Level 2
March 31, 2022
Solved

Form 5329 Waiver of Penalty

  • March 31, 2022
  • 2 replies
  • 17 views

Does the Explanation Statement get transmitted with the 1040 or does need to be done as an attachment? 

This topic has been closed for replies.
Best answer by Just-Lisa-Now-
Does it print out with the Filing Copy? If so, then its included in the EFile.

2 replies

Just-Lisa-Now-
Intuit Community Champion
March 31, 2022
Does it print out with the Filing Copy? If so, then its included in the EFile.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
McGruffAuthor
Level 2
March 31, 2022

Thank you.

Level 10
March 31, 2022

The best information I have is that the only way to be sure an explanation statement is transmitted with the return is using the "Preparer Notes" input.

f6>pn will bring up the preparer notes page.

Just-Lisa-Now-
Intuit Community Champion
March 31, 2022
The 5329 waiver explanation is part of the 5329.

But, I agree with you on other types of misc statements, you just dont know if they're included.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
McGruffAuthor
Level 2
March 31, 2022

Some years ago, I called support to ask about another (I don't remember which) statement, and they didn't know.