i just received my refund check from my retirement fund due to my last year excess maximum contribution . I contributed more than my maximum allowable which is $24,500.00 (include catch up ) for year 2018 ,
I spoke with customer service of TIAA (my retirement fund service provider ) . They informed me they will issued 1099R January next year for year 2019 not 2018 . should i include the refund in 2018 tax return or 2019 ? if i include the said refund in year 2019 tax return , will i occurred penalty due to my excess maximum contribution of 401K on 2018
I filed an extension of my tax return this year , I also paid an estimated tax for federal and state . Because i include the refund as income in my 2018 tax return. but if i will not include the refund in this year tax return , I will get an refund for my said tax return , how can i get back my advanced payment for the estimated tax
I bought turbo tax premier and i also enrolled on audit defense . as i understand I can ask tax question due to above purchase
