@SteamTrain wrote:
@Inugasuki
Are you absolutely sure this was not a ROTH-IRA ? I'm not sure a person would/could have an overcontribution to a ROTH-401k, unless they had multiple employers in that year and contributed considerable amounts to 401k plans at both employers.
A ROTH-401k and ROTH-IRA may be handled entirely differently, especially if you pulled all your funds out of a specific ROTH-IRA account that lost money.
The code "8B" in box 7 says that it is a Designated Roth return of excess contributions (unless a financial institution made a huge error and the code should have been "8J" for a Roth IRA).
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
