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Do I need to pay taxes twice since i have excess 401K deferral in 2021 and missed the April 14th deadline
Turbo tax examples state that I report the excess contributions as 1099-R for 2021 and ignore it in 2022. But the posts online talk about paying taxes twice. Are the examples in Turbo tax incorrect?
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‎August 30, 2022
7:45 PM