Is this reply still applicable for tax return 2021?
I over contributed to 401k in 2021 and am dealing with the same problem in TurboTax.
Somehow TurboTax popup window says to report the excess deferral on your 2021 return in the Income section for Retirement Plans and Social Security whether or not you receive a form 1099-R before your return. Report the excess amount in boxes 1 and 2a and use code P in box 7.
Is it OK to just report the excess deferral in miscellaneous income and ignore the above statement?
