Skip to main content
Level 2
April 23, 2026
Question

401k return of excess

  • April 23, 2026
  • 1 reply
  • 336 views

Hi, I got a 401k return of excess after plan failed discrimination test. Can you tell me how do I report federal and state taxes withheld on it and report the income in turbotax desktop edition, 2025. Thank you

    1 reply

    DoninGA
    Level 15
    Level 15
    April 23, 2026

    If you received a withdrawal from the 401(k) account in 2025 you would have received a Form 10990R.  On the form would be the withdrawal amount and any federal and state income taxes paid.

    Do you have the Form 1099-R?

    KeralaAuthor
    Level 2
    April 23, 2026

    No 1099 R. Just account distribution statement w the distribution, federal and state withholding.

    DoninGA
    Level 15
    Level 15
    April 23, 2026

    OK...then see this TurboTax support FAQ for information on an excess deferral - https://ttlc.intuit.com/turbotax-support/en-us/help-article/form-1099-r/401-k-excess-deferral/L9XUjVAxP_US_en_US

     

    @dmertz Could you assist on this excess deferral issue?