mj46
Level 3

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?

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IRonMaN
Level 15

Is form 8915E finalized in your software?


Slava Ukraini!
sjrcpa
Level 15

Distribution Code 1 on the 1099-R?


Ex-AllStar
Jfc
Level 1

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

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qbteachmt
Level 15

@Jfc 

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.

 

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"Level Up" is a gaming function, not a real life function.
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