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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Question

How do I file Form 5329 with an amended return?

Answer

First complete the steps detailed in Completing amended returns in UltraTax CS. Remember to make the necessary changes for the amended return on the applicable input screens. Then, do one of the following:

• If you are amending the return to change the information originally reported on Form 5329, Part I or Part IX, use Screen 1099R-2 in the Retirement folder, and enter X in the Amended return field. If filing Form 5329 separately, enter X in the Print with firm data on form field to complete the preparer block on Form 5329, Page 2.
• If you are amending the return to change the information originally reported on Form 5329, Parts III, IV, V, VI, VII, and/or VIII, use Screen 5329 in the Taxes folder. For Part VIII, enter X in the Amended return field and if filing Form 5329 separately, enter X in the Print with firm data on form field to complete the preparer block on Form 5329, Page 2.
• If you are amending the return to change information originally reported on Form 5329, Part III, use Screen 1099Q in the Educate folder.

Related topic: 1040X - Amended return FAQs

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