kirkz
New Member

How to report 401(k) excess contribution made in 2015 and included in my 2015 return but now receiving a 1099-R for 2016?

 An excess contribution was made in 2015 to my 401(k) acct through work.  I was notified of the excess in January 2016 and was provided the dollar amount of the overage.  When I filed my 2015 taxes I included this amount in the overall wages so was taxed on it as normal income.  A month later I received a disbursement.  Both Federal and State taxes were withheld.  This January I received a 1099-R listing the disbursement and taxes withheld.  I've entered the 1099-R into my 2016 tax form, but I'm wondering where I can mark this as an exception so that I don't get taxed a second time and to possibly get back some of the withheld taxes?