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Retirement tax questions
If you have already reported your 2019 excess 401(k) contribute (and related earnings) on your 2019 tax return, then you do not report it again when you receive a form 1099-R for 2020. You can ignore that form 1099-R. That form 1099-R should be coded P in box 7.
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‎February 2, 2021
11:37 AM