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Reporting returned Roth 401k Excess contribution
Hi,
I filed a return of excess Roth 401k contributions for 2019 (had 2 employers) from the 40K manager and they sent me a check for the excess Roth distribution along with the earnings on the excess.
I know I will get a 1099-R for the earnings and will file that with my 2020 taxes.
On my 2019 taxes my total W-2 Roth Contribution shows that I exceeded the 2019 limits. My question is how I report that I properly had the excess ROTH (After Tax) funds returned prior to the April 15th deadline?
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March 2, 2020
9:57 AM