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Get your taxes done using TurboTax
@macuser_22 thanks understand that.
My specific question is:
Do I put in the 2020 contributions to individual 401K in the "elective Deferrals" box $5,000 (total amount I contributed including excess) or $3,000 (total amount I contributed after excess was withdrawn)?
I understand that in the Any other income section - I would enter amount of the excess that was returned not including earnings which would be $2,000.
I really appreciate the help!
March 15, 2021
9:07 AM