Thank you for your post. Question - your suggestion appears to me to be in conflict with TurboTaxes suggestion (it's a auto pop up when it realizes you've overcontributed to a 401k). They say "Report the excess deferall on your 2019 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 2020 Form 1099-R." I believe TurboTax is saying to create a 1099-R in your 2019 tax submission, while i believe you said do NOT create a 1099-R. Can you explain?
