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Excess 401k Deferral for 2019 Tax Year
Hi
I made an excess 401k deferral in 2019. I did not report anything on my 2019 return at the time of filing, but I did get a check for the corrective distribution in March of 2020. My intention was to amend my 2019 tax return once I got the 1099-R forms.
I received two 1099-Rs in 2021, one with Code P (Gross Distribution via box 1: $307) and one with Code 8 (Gross Distribution via box 1: $22.50) . I reported both of these on my 2020 return (filed earlier this year).
My question is this: for my amended 2019 return, should I only be reporting the wages on the 1099-R with the Code P? What are the instructions for how to do this via the online 2019 TurboTax portal?
Topics:
‎July 12, 2021
2:40 PM