Thank you,,
So the corrected w2 would add the excess back to 2020 income, box 1, and the interest earned would be income on 2021 tax year with 1099-R when I receive it next year? My employer was notified December 26 2020, and funds were not distributed back to me until Jan 16, 2021.
Will I still need to report excess deferral on my 2020 return?
