1. Under Less Common Income and click "Miscellaneous Income, 1099-A, 1099-C" and click "Start"
2. Select "Other income not already reported on a Form W-2 or Form 1099" and click "Start"
3. On the "Did you receive any other wages?" screen answer "Yes" and click "Continue"
4. Continue until you get to the "Any other earned income" screen, answer "Yes" and click "Continue"
5. On the "Enter Source of Other Earned income" screen select "Other" and click "Continue"
6. On the "Any Other Earned Income" screen enter "2024 Excess 401(k) Deferrals" for the description, enter the amount and click "Done".
By following the steps above, where will the excess deferral on a 1040 form show up? Is it on line 10 of the 1040 or line 1h?
Also, will the total excess deferrals show up in in a 1040 Form Schedule 1? Or where will it show?
Thank you all for you help.
