Thanks Dana. This was a after-tax contribution to 403b Roth. Fortunately, I will be getting the excess amount withdrawn before April 15 and will get the anount in a check from the custodian.
How do I handle this on Turbotax. I am having two issues in TT that I need help on:
1. Turbox is adding the excess contribution to 403b and the $4K contributed to 457b as excess contributions. Since 403b and 457b have their separate limits of $22.5K so the $4K in 457b should not be included in excess. How do I correct this in TT so the 457b amount is not included in the excess?
2. What do I need to do in TT for the 403b excess amount that is withdrawn before April 15. Since I have already paid taxes on it, it should be handled as if there is no excess this year.
