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Retirement tax questions
It's on a screen after you've entered any 1099Rs for rollovers etc. TT runs a retirement check and discovers you have excess 401k contributions and shows the dollar amounts and excess difference over the limit. There are two hyperlinks below this information: one for and IRS form publication and one for what to do to correct. If you click the second one, a help window appears with the wording a user in this thread above supplied stating that the correction can be withdrawn before 5/17. I just noticed if you click on the example link on that pop up it is stated correctly in the examples but not so on the main information pop up with the direction on how to correct it and report it.
May 13, 2021
1:26 PM