@russelsp wrote:
... have to issue a corrected W2.
Is the bug when e-filing with this situation already resolved? Thanks!
The plan trustee must issue a 1099-R for the excess. The W-2 is correct because 2019 is over and can not be retroactively changed to add income that was not taxed at the time. You must add the income to the 1040 line 1 wages so that thet money that was not reported on the W-2 is now taxed.
There is no known bug in this area. What bug are your referring to?
**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.**
