Hello @MinhT1 , your previous reply was very helpful. Thank you very much for that.
I received my Excess Deferral check today.
They have broken it down into 3 parts: For argument's sake, let's say the Excess Deferral is $100. They also returned the employer's match of $20. And then the income on the contributions which is $10. So let's say a total of $130.
Based on your original reply, the $10 income will go on the 2021 return only.
But what about the return of the employer's match of $20? Does that go along with the $100 Excess Deferral onto my 2020 return for a total of $120? Or is the Employer Match not related at all as it had nothing to do with the $19500 individual contribution max?
Thank you again!
Aroon
