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Exceeded 401k Contribution. What should I do?
I have exceeded my 2019 401k contribution. I have notified my employer and told me that they will do a withdrawal and have to issue a corrected W2. However, I don’t think they will be withdrawing the excess amount by April 15. I know I’ll be double taxed but would like to find out how to do my tax filing. Is the bug when e-filing with this situation already resolved? Thanks!
April 11, 2020
7:30 PM