Hi, I'm preparing for the 2022 tax return. I have 401k overcontribution for the year 2022. Based on the instruction, it says:
1. Report the excess deferral on your 2022 return in the Income section for ** Retirement Plans and Social Security ** whether or not you received a Form 1099-R before you file your return. Enter as much information as you can. 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.
2. In 2023, you will probably receive two Forms 1099-R. One reports the excess deferral amount. The other reports the earnings on the excess deferral. Enter both of these forms in your 2023 return, and we'll only add the earnings to your 2023 income.
I'm entering a 1099-R form for 2023 even though I don't have it yet, where can I indicate this is a 2023 form 1099-R?
The other question is the payer's TIN, I don't have the TIN yet, should I contact them to get the TIN for the 1099-R I haven't received?
Thank you!
