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Retirement tax questions
You can adjust the amount on your W2 to the corrected amount and just hold on to the documentation that showed you took out the excess.
If you leave the amount on your W2 alone then the system should ask you if you removed the excess before the end of the year. Just tell it yes and TurboTax will generate an 8606 that shows the contribution and the withdrawal of the excess.
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‎April 18, 2022
2:51 PM