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Get your taxes done using TurboTax
Since it was an after-tax excess deferral you will not need to add the excess to your 2021 wages. Please see Pub 525 Excess deferrals for additional information.
Sorry I don't really get what this means to "add".... (or do not need to "add")
Is there something that I need to enter or not enter differently somewhere?
Or as long as I enter all three 1099-Rs associated to this matter according to what Turbo Tax asks for it will be correct?
(I've already paid taxes as this is after-tax contribution and the capital gains that occurred after the conversion have been removed. I know I will need to pay taxes for small amount of capital gain that was removed as part of the excess)
Thanks in advance!
March 29, 2022
5:12 PM