Thanks for replying!
I checked, and I didn’t report the excess deferral in my 2023 tax return (Form 1040, box 1h is empty), nor did I follow those steps at the time.
I’m now working on amending my 2023 return, following the same steps you mentioned:
TurboTax > Receive other wages (such as excess salary deferrals) > Yes > then on the page to add the employee wages amount (in my case, $3,902), there’s a note stating:
"Only report income that is less than $2,600 per employer. If the amount exceeds this limit, the employer must issue a corrected W-2."
I’m unsure if this applies to my case. If it does, it seems like I’d need to request a corrected W-2. Could you clarify?
In the meantime, I went through all steps and before filing my amendment, and I can see in Form 1040-X (box 1b the $3,902 amount), as well as in the updated Form 1040 (box 1b, no 1h), and the taxes I need to pay for this amount.
Thanks
