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Get your taxes done using TurboTax
@sxk10000 wrote:
Hi @macuser_22 , If you are still following this thread, I understand I am well past the April 15 to get the excess 401 k contribution removed. With tomorrow (May 17) being the last day to file the claim, the earlier method (using Miscellaneous income) to add the excess back to taxable income is something I can do right? Thanks!
Correct if this was a 2020 excess, It must be included in your income whether returned or not.
**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.**
May 17, 2021
7:32 AM