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Retirement tax questions
Dmertz: Do I need to amend my 2019 Tax return in 2020 when I receive the 1099-R with code 'P'? Is
https://www.taxact.com/support/1210/2019/form-1099-r-code-p-excess-contributions-401k
Another challenge I am having is that the excess contribution is not showing on any single employer's plan. The $2100 excess only comes in plan when I add all the 401K individual contribution amounts for 2019. How can I prove to the 401k plan admin that I did excess contribution to get a 1099-R with code 'P' in 2020.
Thanks
Kevin
‎December 15, 2019
8:24 PM