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Retirement tax questions
Thank you @dmertz @Anonymous_! I did confirm that the previous employer 401K refund was the result of compliance/non-discrimination testing. I guess it's just my luck and too eagle to do the right thing. :(
I think I'll cash the checks and not rollover any refund money. Both checks are marked not eligible for pre-tax rollover. One last question is how to report the following numbers on my tax return since I won't receive 1099-R until Jan 2024.
Excess contributions
Earnings/Loss
Taxes withheld (Federal Income Tax)
Thanks again!!!
‎January 17, 2023
12:14 PM