@WWBinPA wrote:
Once I have completed Form 8889, does TT automatically add the excess contribution (shown in W-2 Box 12 Code W) to my taxable income or do I need to include it as "other income" on Form 1040, Sched 1, Part 1, line 8f?
Thanks again for your time and insight!
Correct, if you remove the excess before the deadline then it is not reported on form 5329.
If the contribution was made by payroll deduction, the add back to line 8f is supposed to be automatic. When you are ready to file you have the opportunity to print your return or save a PDF and you can review line 8f then.
