Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who owe a penalty related to their use of a tax-advantaged retirement savings plan such as an IRA or 401(k) ...

No Form 5329 and No Further Action Required for Automatic Waivers of Excise Tax Generally, IRS Form 5329 must be filed for any RMD not taken by the deadline, whether to pay the excise tax or ...

If you qualify for an exception, but your IRA custodian inputs Code 1 in Box 7 of your 1099-R, your tax preparer must file IRS Form 5329 to override the Code 1 and claim the exception. A ...