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I have excess salary deferral from over contributing to 401K. TT has two places to enter this: "Any other earned Income"
One instruction is to to essentially make up a 1099-R, filed under Retirement Plans and the other place is to enter it under Misc Income, Any other Earned Income. Entering the value twice, taxes me twice. This is for $430 excess contributions made in 2020. Yes, I've gotten the reimbursement check back from Fidelity by now.
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March 29, 2021
6:18 PM