@TheExit55 wrote:
@macuser_22 I was specifically asking about what I put in for the less common business situations- Self-employed Retirement (individual 401K)? This section is located under Business Income and Expenses.
since I enter only the amount that was returned to me not including any earnings that were also returned in a different section (Personal income- miscellaneous)
The subject of the thread was reporting excess deferrals, not the contribution that created the deferral. You must enter the amount of contribution actually made in 2020. 2020 is over - you cannot change what happened in 2020, you can only report it.
**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.**
