I was informed by my financial services to report my excess 401k contribution in the 2021 tax filing but NOT the Earnings and to report the Earnings in 2022. They also told me I will get two 1099Rs in 2022, one for the excess contribution and the other for the earnings.
How to I file in 2021 without a 1099R?
I understand you have given us step by step to create our own 1099R for reporting in 2021. However, it asks for Entry under Box 1a to enter "Total Distribution" which includes both excess contribution and earnings; Under Box 2a; do I leave it blank for Earnings?
Appreciate the advice.
Thank you
