Thanks @dmertz . So the excess amount refunded to me , should be entered as income on line 7 of Form 1040 .
But i can use the original W2 provided, though it has 401k limit over 19500.
And if at all any earnings i will get 1099-R for next year and nothing to be done now. Except adding the refunded amount in line 7 of 1040 , with the original W2 provided?
