[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-301633-105":53,"doc-detail-301633-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","additional-taxes-on-qualified-plans-including-iras-and-other-tax-favored-accounts","Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts","","Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts is a tax form document with instructions for attaching it to federal returns and reporting specific additional taxes. It provides step-by-step completion for early distributions penalties (Part I), education and ABLE account distributions (Part II), excess contributions to traditional IRAs, and excess contributions to Roth IRAs. Calculations use set percentage rates and direct taxpayers to report resulting amounts on Schedule 2(Form 1040).",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/additional-taxes-on-qualified-plans-including-iras-and-other-tax-favored-accounts/301633/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/additional-taxes-on-qualified-plans-including-iras-and-other-tax-favored-accounts/301633.png","ImageObject",442,249,{"name":88,"@type":89},"Violet","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-10","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"When must Form 5329 be attached to a tax return?","Question",{"text":108,"@type":109},"Attach it to Form 1040, 1040-SR, 1040-NR, or 1041.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What triggers Part I (Additional Tax on Early Distributions)?",{"text":113,"@type":109},"You complete Part I if you took a taxable distribution before reaching age 59½ from a qualified retirement plan (including an IRA), or if you qualify for an exception or certain Roth IRA distributions, as described in the instructions.",{"name":115,"@type":106,"acceptedAnswer":116},"What additional tax applies to excess contributions to traditional IRAs and Roth IRAs?",{"text":117,"@type":109},"For traditional IRAs, the form uses a 6% rate on the smaller of excess contributions or the IRA value (with specified inclusion rules). For Roth IRAs, it applies a 6% rate on the smaller of total excess contributions or the Roth IRA value (including contributions made in 2026, as stated).","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},301633,1790470396,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":76,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},4398048950312,"https://ap-avatar.wpscdn.com/avatar/400002538284de19e3c?_k=1778320343897328908","# Additional Taxes on Qualified Plans(Including IRAs)and Other Tax-Favored Accounts\n\nAttach to Form 1040,1040-SR,1040-NR,or 1041.  \nGo to www.irs.gov/Form5329 for instructions and the latest information.  \nSequence No.29  \nInternal Revenue Service  \n\n| Name of individual subject to additional tax.If mariedfiling jointly,see instructions.   |  |  |  |  | Your social security number   |\n| --- | --- | --- | --- | --- | --- |\n| Fill in Your Address Only  \u003Cbr>if You Are Filing This  \u003Cbr>Form by Itself and Not  \u003Cbr>With Your Tax Return   |  | Home address (number and street),or P.O.box if mail is not delivered to your home   |  | Apt.no.   | If this is an amended  \u003Cbr>return,check here   |\n|  |  | City,town or post office,state,and ZIP code.If you have a foreign address,also complete the spaces below.See instructions.   |  |  |  |\n|  |  | Foreign country name   | Foreign province/state/county   |  | Foreign postal code   |\n|  |  |  |  |  |  |\n\nf you only owe the aditional 10%tax on the full amount of the early distributions,you may be able to report this tax directly on  \nSchedule 2(Form 1040),line 8,without filing Form 5329.See instructions.                      \n## PartI\n\nAdditional Tax on Early Distributions.Complete this part if you took a taxable distribution (other than a qualified disasterrecovery distribution)before you reached age 59V from a qualified retirement plan (including an IRA)or modified endowment contract(unless you are reporting this tax directly on Schedule 2(Form 1040)-see above).You may also have to complete this part to indicatethat you qualify for an exception to the additional tax on early distributions or for certain Roth IRA distributions.See instructions.  \n\n| 1 Early distributions includible in income (see instructions).For Roth IRA distributions,see instructions.  \u003Cbr>2 Early distributions included on line 1 that are not subject to the additional tax(see instructions).  \u003Cbr>Enter the appropriate exception number from the instructions:  \u003Cbr>3 Amount subject to additional tax.Subtract line 2 from line 1 .  \u003Cbr>4 Additional tax.Enter 10%(0.10)of line 3.Include this amount on Schedule 2(Form 1040),line 8..  \u003Cbr>Caution:If any part of the amount on line 3 was a distribution from a SIMPLE IRA,you may have to  \u003Cbr>include 25%of that amount on line 4 instead of 10%.See instructions.   | 1   |  |\n| --- | --- | --- |\n|  | 2   |  |\n|  |  |  |\n|  | 3   |  |\n|  | 4   |  |\n|  |  |  |\n\n## Part II\n\nAdditional Tax on Certain Distributions From Education Accounts and ABLE Accounts.Complete this part  \nif you included an amount in income,on Schedule 1(Form 1040),line 8z,from a Coverdell education savings account  \n(ESA)or a qualified tuition program(QTP),or on Schedule 1(Form 1040),line 8q,from an ABLE account.  \n\n| 5 Distributions included in income from a Coverdell ESA,a QTP,or an ABLE account.   ···.  \u003Cbr>6 Distributions included on line 5 that are not subject to the additional tax (see instructions)  \u003Cbr>7 Amount subject to additional tax.Subtract line 6 from line 5 .  \u003Cbr>8 Additional tax.Enter 10%(0.10)of line 7.Include this amount on Schedule 2(Form 1040),line 8.   | 5   |  |\n| --- | --- | --- |\n|  | 6   |  |\n|  | 7   |  |\n|  | 8   |  |\n\nPart II  \nAdditional Tax on Excess Contributions to Traditional IRAs.Complete this part if you contributed more to your  \ntraditional IRAs(which include your traditional SEPIRAs and traditional SIMPLE IRAs)for 2025 than is allowable or youhad an amount on line 17 of your 2024 Form 5329.  \n\n| 9 Enter your excess contributions from line 16 of your 2024 Form 5329.See instructio  \u003Cbr>10 If your traditional IRA contributions for 2025 are ess than your maximum  \u003Cbr>allowable contribution,see instructions.Otherwise,enter-0-......  \u003Cbr>11  2025 traditional IRA distributions included in income(see instructions)...  \u003Cbr>12  2025 distributions of prior year excess contributions to traditional IRAs (see  \u003Cbr>instructions)......................  \u003Cbr>13 Add lines 10,11,and 12 .  .........  .  .","cbCainAzftaFe3T5","https://ap.wps.com/l/cbCainAzftaFe3T5","pdf",111659,"English","# Part I\n## Additional Tax on Early Distributions\n# Part II\n## Additional Tax on Certain Distributions From Education Accounts and ABLE Accounts\n## Additional Tax on Excess Contributions to Traditional IRAs\n# Part IV\n## Additional Tax on Excess Contributions to Roth IRAs","[{\"question\":\"When must Form 5329 be attached to a tax return?\",\"answer\":\"Attach it to Form 1040, 1040-SR, 1040-NR, or 1041.\"},{\"question\":\"What triggers Part I (Additional Tax on Early Distributions)?\",\"answer\":\"You complete Part I if you took a taxable distribution before reaching age 59½ from a qualified retirement plan (including an IRA), or if you qualify for an exception or certain Roth IRA distributions, as described in the instructions.\"},{\"question\":\"What additional tax applies to excess contributions to traditional IRAs and Roth IRAs?\",\"answer\":\"For traditional IRAs, the form uses a 6% rate on the smaller of excess contributions or the IRA value (with specified inclusion rules). For Roth IRAs, it applies a 6% rate on the smaller of total excess contributions or the Roth IRA value (including contributions made in 2026, as stated).\"}]","Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts | PDF",1789784223]