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Retirement Plans
Need the exact steps to remove an Excess Salary Deferral from my 2019 taxes. Help says "report the excess deferral in box 1 and 2a and use code P in box 7. Indicate that this is a 2020 Form 1099-R". Question: do I start a new 1099-R form for this entry, with the account information of the previous 1099-R that had the excess? Is there a sample completed version?
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‎July 4, 2020
9:12 AM