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Form 5329 Calculator

Work out the additional taxes on Form 5329: early withdrawals, excess contributions and missed RMDs.

Updated November 4, 2026. Free, no sign-up; everything runs in your browser and nothing you type is stored.

Form 5329 penalty calculator

Early distributions before 59½ ($)Amount covered by an exception ($)Excess IRA contributions not removed ($)Excess HSA contributions not removed ($)Required minimum distribution ($)Amount you actually took ($)Missed RMD: corrected in time?

Total additional tax on Form 5329

–

–Part I: 10% early distribution tax

–Parts III-VII: 6% excess contributions

–Part IX: missed RMD

What Form 5329 covers

Form 5329 reports additional taxes on IRAs and other tax-favored accounts. You file it with your return (or alone, if you don't otherwise file) when one of these applies:

Part I, early distributions: 10% on taxable withdrawals before age 59½, unless an exception applies and isn't already coded on your 1099-R. Exceptions include 72(t) SEPP payments, disability, medical costs over 7.5% of AGI, a first home (up to $10,000, IRAs), higher education (IRAs), separation from service in or after the year you turn 55 (workplace plans), birth or adoption (up to $5,000), one emergency withdrawal of up to $1,000 a year, and terminal illness.
Parts III-VII, excess contributions: 6% a year on excess IRA, Roth, Coverdell, Archer MSA or HSA contributions still in the account at the end of the year.
Part IX, missed required minimum distributions: 25% of the shortfall, cut to 10% if you take it within the correction window (generally by the end of the second year after). You can also ask the IRS to waive it for reasonable cause by attaching an explanation.

Worked example

A 45-year-old takes $20,000 from an IRA and $5,000 of it paid for qualified higher education. The other $15,000 is taxed as income plus a 10% additional tax of $1,500 on Form 5329. See your 1099-R codes on the Form 1099-R page and check RMDs with the RMD chart.

Common questions

What is Form 5329?

The form for additional taxes on IRAs and other tax-favored accounts.

What is the penalty for a missed RMD?

25% of the shortfall, or 10% if corrected within the correction window.

What is the excess IRA contribution penalty?

6% a year while the excess stays in the account.

Sources

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General information, not financial, tax or legal advice. Check important numbers with the official source before acting on them.