Form 5329Individual Income Tax
Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts
Calculates the 10% additional tax on early distributions from retirement accounts, and 6% excise tax on excess contributions.
Who Files This Form
Taxpayers with early retirement distributions, excess IRA contributions, or missed RMDs
Due Date
Filed with Form 1040 by April 15
Important Notes
Many penalty exceptions exist (first home, education, medical, disability, SEPP/Rule 72(t)). Form 5329 is used to claim these exceptions.
Related Forms
Official IRS Source
Always download the current version and instructions from the IRS website before filing.
Educational Reference Only: This is general information about Form 5329, not tax advice. Form instructions change annually. Always download the current version from irs.gov and read the official instructions. Consult a qualified tax professional for your specific situation. Read full disclaimer →