DanaB27
Expert Alumni

Retirement tax questions

The 401k excess in #1 you report as mentioned above with your wages on your 2020 tax return.

 

The 401k Roth excess in #3  don’t add this amount to your wages. 

 

For #2 and #4 you will get a 1099-R 2021 with code 8 and will enter this on your 2021 tax return.

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