I had excess contributions to my 401K plan in 2022 which I withdrew on Jan 13, 2023. I did not get 1099-R and I was told by Fidelity that I will not get 1099-R as it neglible not taxable income. Turbox tax give me a message that I have excess contribution. The related instructions on Turbotax is asking me "report the excess deferral amount in Boxes 1 and 2a and use Code P in Box 7. Indicate that this is a 2023 Form 1099-R".
I am unable to figure out how do I get to Boxes 1 and 2a ...etc. PLease help with step by step instructions.
The instructions below (That I have followed but keep getting tubotax message that I have excess contributiob) are different to the one above. Please help!
Miscellionious Income ->
Other Income not reported on a W-2 ->
Other wages (yes) ->
House Hold employee (Continue) ->
Sick Pay (Continue) ->
Other earned income (yes) (Includes excess salary deferrals)->
Source of income (other) ->
Any other income - enter the amount of the excess deferral and an explanation.
