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Level 2
March 29, 2026
Question

Where do I show exception to 10% penalty on Code Sec 72(T) distributions?

  • March 29, 2026
  • 2 replies
  • 0 views

Taxpayer receives IRA distributions under Code Sec 72(T).  How do I show the exception to penalty?

2 replies

Just-Lisa-Now-
Intuit Community Champion
March 29, 2026

Form 5329 has all the penalty exceptions, you'll need to dig through the list.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IntuitSusanY1
Level 4
March 30, 2026

As Just-Lisa-Now mentions, you'll enter this directly on Form 5329.

It will go on line B Equal Periodic Payments on the Distributions Not Subject to Additional Tax Smart Worksheet.  

I find it easiest to get to the form my typing the number in the "Where Do I Enter" dialogue box.