Form 5329, Additional Taxes on Qualified Plans Instructions
This form contains 73 fields organized into 11 sections. Below is a complete list of every field, its type, and what information is expected.
| Field Name | Type | Description |
|---|---|---|
| Calculations | ||
| 494 45 Add lines 43 and 44 45 46 Prior year excess contributions. Subtract line 45 from line 42. If zero or less, enter -0-. 46 47 Excess contributions for 2023 (see instructions) 47 | Text |
Add lines 43 and 44. Enter the result here.
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| Distributions | ||
| Minimum required distribution for 2023 (see instructions) 52 Amount actually distributed to you in 2023 (see instructions) 53 235 | Text |
Enter the minimum required distribution for 2023 as per the instructions.
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| Minimum required distribution for 2023 (see instructions) 52 Amount actually distributed to you in 2023 (see instructions) 53 235 | Text |
Enter the amount actually distributed to you in 2023 as per the instructions.
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| Excess Contributions | ||
| 42 Enter the excess contributions from line 48 of your 2022 Form 5329. If zero, go to line 47 | Text |
Enter the excess contributions from line 48 of your 2022 Form 5329. If zero, go to line 47.
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| 494 45 Add lines 43 and 44 45 46 Prior year excess contributions. Subtract line 45 from line 42. If zero or less, enter -0-. 46 47 Excess contributions for 2023 (see instructions) 47 | Text |
Subtract line 45 from line 42. If zero or less, enter -0-.
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| 494 45 Add lines 43 and 44 45 46 Prior year excess contributions. Subtract line 45 from line 42. If zero or less, enter -0-. 46 47 Excess contributions for 2023 (see instructions) 47 | Text |
Enter the excess contributions for 2023 as per the instructions.
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| 48 Total excess contributions. Add lines 46 and 47 | Text |
Add lines 46 and 47 to get the total excess contributions.
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| Excess contributions for 2023 (see instructions) 50 | Text |
Enter the excess contributions for 2023 as per the instructions.
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| General | ||
| 39 Excess contributions for 2023 (see instructions) 39 | Text |
Enter the excess contributions for 2023. Refer to the instructions for more details.
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| HSA Contributions | ||
| 43 If the contributions to your HSAs for 2023 are less than the maximum allowable contribution, see instructions. Otherwise, enter -0--43 | Text |
If the contributions to your HSAs for 2023 are less than the maximum allowable contribution, see instructions. Otherwise, enter -0-.
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| HSA Distributions | ||
| 44 2023 distributions from your HSAs from Form 8889, line 16 44 | Text |
Enter the 2023 distributions from your HSAs from Form 8889, line 16.
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| Miscellaneous | ||
| FEFF00630031005F0031005B0030005D | CheckBox |
Check this box if applicable.
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| FEFF00660031005F0039005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660031005F00310030005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660031005F00310031005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660031005F00310037005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660031005F00320030005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660031005F00320035005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660031005F00330032005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F0033005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F0034005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F0035005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F0039005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F00310032005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F00310033005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F00310035005B0030005D | Text |
Enter the relevant information as instructed.
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| FEFF00660032005F00320039005B0030005D | Text |
This field appears to be a placeholder or incorrectly extracted. Please refer to the form for the correct field.
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| FEFF00630032005F0031005B0030005D | CheckBox |
This checkbox is likely used to indicate a specific condition or selection. Please refer to the form for the correct usage.
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| FEFF00630032005F0032005B0030005D | CheckBox |
This checkbox is likely used to indicate a specific condition or selection. Please refer to the form for the correct usage.
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| FEFF00660032005F00330034005B0030005D | Text |
This field appears to be a placeholder or incorrectly extracted. Please refer to the form for the correct field.
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| Personal Information | ||
| Name of individual subject to additional tax. If married filing jointly, see instructions | Text |
Enter the name of the individual who is subject to the additional tax. If you are filing jointly with your spouse, refer to the instructions for further guidance.
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| Your social security number | Text |
Enter your social security number. This should be a 9-digit number.
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| Home address (number and street), or P.O. box if mail is not delivered to your home | Text |
Enter your home address, including the street number and name. If mail is not delivered to your home, you can use a P.O. box.
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| Apt. no | Text |
Enter your apartment number, if applicable.
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| City, town or post office, state, and ZIP code. If you have a foreign address, also complete the spaces below. See instructions | Text |
Enter your city, state, and ZIP code. If you have a foreign address, complete the additional spaces provided for foreign addresses.
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| Foreign country name | Text |
Enter the name of your foreign country, if applicable.
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| Foreign province/state/county | Text |
Enter the name of your foreign province, state, or county, if applicable.
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| Foreign postal code | Text |
Enter your foreign postal code, if applicable.
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| Preparer Information | ||
| Print/Type preparer's name | Text |
Print or type the preparer's name.
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| PTIN | Text |
Enter the Preparer Tax Identification Number (PTIN). Maximum length is 11 characters.
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| Firm's name | Text |
Enter the name of the firm.
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| Firm's EIN | Text |
Enter the Employer Identification Number (EIN) of the firm. Maximum length is 10 characters.
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| Phone no | Text |
Enter the phone number.
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| Tax Calculation | ||
| Amount subject to additional tax. Subtract line 2 from line 1 | Text |
Enter the amount subject to additional tax by subtracting line 2 from line 1.
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| Additional tax. Enter 10% (0.10) of line 3. Include this amount on Schedule 2 (Form 1040), line 8 4 | Text |
Calculate and enter 10% (0.10) of the amount on line 3. Include this amount on Schedule 2 (Form 1040), line 8.
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| Distributions included in income from a Coverdell ESA, a QTP, or an ABLE account 5 | Text |
Enter the distributions included in income from a Coverdell ESA, a QTP, or an ABLE account.
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| 6 Distributions included on line 5 that are not subject to the additional tax (see instructions) 6 | Text |
Enter the distributions included on line 5 that are not subject to the additional tax. Refer to the instructions for more details.
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| Amount subject to additional tax. Subtract line 6 from line 5 7 | Text |
Enter the amount subject to additional tax by subtracting line 6 from line 5.
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| 9 Enter your excess contributions from line 16 of your 2022 Form 5329. See instructions. If zero, go to line 15 9 | Text |
Enter your excess contributions from line 16 of your 2022 Form 5329. Refer to the instructions if the amount is zero.
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| allowable contribution, see instructions. Otherwise, enter -0- . 10 | Text |
Enter the allowable contribution as instructed. If not applicable, enter -0-.
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| 12 2023 distributions of prior year excess contributions (see instructions) 12 | Text |
Enter the 2023 distributions of prior year excess contributions. Refer to the instructions for more details.
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| 13 Add lines 10, 11, and 12 | Text |
Add the amounts on lines 10, 11, and 12 and enter the total.
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| 14 Prior year excess contributions. Subtract line 13 from line 9. If zero or less, enter -0--14 17 | Text |
Enter the prior year excess contributions by subtracting line 13 from line 9. If the result is zero or less, enter -0-.
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| 15 Excess contributions for 2023 (see instructions) | Text |
Enter the excess contributions for 2023. Refer to the instructions for more details.
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| 31, 2023 (including 2023 contributions made in 2024). Include this amount on Schedule 2 (Form 1040), line 8 17 | Text |
Enter the total excess contributions for 2023, including contributions made in 2024. Include this amount on Schedule 2 (Form 1040), line 8.
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| Enter your excess contributions from line 24 of your 2022 Form 5329. See instructions. If zero, go to line 23 18 | Text |
Enter your excess contributions from line 24 of your 2022 Form 5329. Refer to the instructions if the amount is zero.
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| 20 2023 distributions from your Roth IRAS (see instructions) 20 | Text |
Enter the 2023 distributions from your Roth IRAs. Refer to the instructions for more details.
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| 20 2023 distributions from your Roth IRAS (see instructions) 20 | Text |
Enter the 2023 distributions from your Roth IRAs. Refer to the instructions for more details.
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| 21 Add lines 19 and 20 | Text |
Add the amounts on lines 19 and 20 and enter the total.
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| Prior year excess contributions. Subtract line 21 from line 18. If zero or less, enter -0 | Text |
Enter the prior year excess contributions by subtracting line 21 from line 18. If the result is zero or less, enter -0-.
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| 24 Total excess contributions. Add lines 22 and 23 | Text |
Add the amounts on lines 22 and 23 and enter the total.
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| 2 2023 (including 2023 contributions made in 2024). Include this amount on Schedule 2 (Form 1040), line 8 25 | Text |
Enter the total excess contributions for 2023, including contributions made in 2024. Include this amount on Schedule 2 (Form 1040), line 8.
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| 26 Enter the excess contributions from line 32 of your 2022 Form 5329. See instructions. If zero, go to line 31 | Text |
Enter the excess contributions from line 32 of your 2022 Form 5329. Refer to the instructions if the amount is zero.
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| 27 If the contributions to your Coverdell ESAs for 2023 were less than the maximum allowable contribution, see instructions. Otherwise, enter -0--27 | Text |
Enter the allowable contribution for your Coverdell ESAs for 2023. If the contributions are less than the maximum allowable, refer to the instructions. Otherwise, enter -0-.
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| 31 31 Excess contributions for 2023 (see instructions) | Text |
Enter the excess contributions for 2023. Refer to the instructions for more details.
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| Total excess contributions. Add lines 30 and 31 | Text |
Add the amounts on lines 30 and 31 and enter the total.
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| 31, 2023 (including 2023 contributions made in 2024). Include this amount on Schedule 2 (Form 1040), line 8 | Text |
Enter the total excess contributions for 2023, including contributions made in 2024. Include this amount on Schedule 2 (Form 1040), line 8.
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| 35 If the contributions to your Archer MSAs for 2023 are less than the maximum allowable contribution, see instructions. Otherwise, enter -0--35 3 | Text |
Enter the allowable contribution for your Archer MSAs for 2023. If the contributions are less than the maximum allowable, refer to the instructions. Otherwise, enter -0-.
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| 2023 distributions from your Archer MSAs from Form 8853, line 8 36 | Text |
Enter the 2023 distributions from your Archer MSAs as reported on Form 8853, line 8.
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| 41 Additional tax. Enter 6% (0.06) of the smaller of line 40 or the value of your Archer MSAs on December 31, 2023 (including 2023 contributions made in 2024). Include this amount on Schedule 2 (Form 1040), line 8. 41 | Text |
Calculate and enter 6% (0.06) of the smaller of line 40 or the value of your Archer MSAs on December 31, 2023, including contributions made in 2024. Include this amount on Schedule 2 (Form 1040), line 8.
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| Tax Reporting | ||
| 2023 (including 2023 contributions made in 2024). Include this amount on Schedule 2 (Form 1040), line 8 49 | Text |
Include this amount on Schedule 2 (Form 1040), line 8 for 2023 (including 2023 contributions made in 2024).
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| December 31, 2023. Include this amount on Schedule 2 (Form 1040), line 8 51 | Text |
Include this amount on Schedule 2 (Form 1040), line 8 for December 31, 2023.
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| Include this amount on Schedule 2 (Form 1040), line 8 or Form 1041, Schedule G, line 8 55 | Text |
Include this amount on Schedule 2 (Form 1040), line 8 or Form 1041, Schedule G, line 8.
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