DanaB27
Expert Alumni

Retirement tax questions

You do not need to include the 1099-R with code P in your 2019 tax return but if you have already entered it you do not have to delete it since TurboTax will ignore it with the P-code.

 

You will need to amend your 2018 tax return to include the 1099-R if you haven't already done so by creating a 1099-R when filing the original return. If I understand correctly, you reported the excess deferral but not the earnings, therefore, you will still need to amend your 2018 tax return. Please see How do I amend a 2018 return in TurboTax?

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