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Retirement tax questions
You are absolutely correct.
You should report the full $1,000 in Box 2a and use "8" for Box 7. When you receive the 1099-R next year, you can just disregard it since you have already included it on your 2018 Tax Return.
In addition, on next year's return you can deduct the $20 “Loss
on Excess Deferral Distribution".
June 4, 2019
8:41 PM