excess contributions in 2017 1099r code 8 but received funds in2020

[tedharr]

I received a 1099R in November of 2020 for excess contributions to 503b plan in 2017.  I changed jobs in January 2018 and don't recall receiving the 1099R prior to that.  I called the new keeper of the funds when I found out and received the amount of excess plus differential in December of 2020.  How do I handle tax filing if no funds were received in 2017 but only the report of excess contributions. Do I need to file an amended 2017 return even though the funds were not distributed out of the plan until 12/20.

Thanks Susan H

[ThomasM125]

You can file a form 5330 to report the excess and pay the applicable excise tax. The form is not supported by TurboTax. Here is a link to the IRS website:

https://www.irs.gov/forms-pubs/about-form-5330