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Retirement tax questions
Agree w jayeshgoyal...software says to "4. Report the excess deferral on your 2018 return in the Income section for Retirement Plans and Social Security whether or not you received a Form 1099-R before you file your return. Enter as much information as you can. Report the excess deferral amount in boxes 1 and 2a, and use code P in box 7. Indicate that this is a 2019 Form 1099-R." IRS Pub 525 says to include as "other income". Which is correct?
‎June 6, 2019
11:16 AM