I contributed too much to my 401k in 2018 but haven't withdrawn the excess yet (I will try this week). But in the meantime, I followed the steps from https://ttlc.intuit.com/questions/4422968-excess-401k-contribution-withdrawn-w2-correction-need-taxr... and reported the excess in Miscellaneous Income > Other Income not already reported on a Form W2 > Any Other Earned Income, but TurboTax keeps complaining that I've exceeded elective deferrals and won't let me efile.
This it the message it gives me:
Forms W-2 & W-2G Summary: Elective deferrals - TP $X. is more than the allowed $18500 for a qualified plan. Please check your entries on your W2 for qualified plans.
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You have taken the right steps to have the excess distributed and included the amount of the excess deferral on your 2018 Tax Return.
There is currently an e-filing issue within TurboTax related to excess contributions so you will need to mail in your return. You can check out this TurboTax FAQ for more information: Excess 401(k) Contribution Preventing E-filing.
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