Hi MinhT1,
I have a related question on this. My wife made an excess deferral and reported it to her employer and the plan administrator. As a result we have received the excess deferral back. However, her employer also sent her an amended W2 to reflect that there was an excess deferral and reduced Box 12 Letter code E by the amount of the deferral (several thousand dollars). I just want to ensure that by following the steps below and reporting the excess deferral as miscellaneous income we will not be double counting this amount (because it is no longer listed on her W2 as a deferral). Thanks!
