I switched jobs during the year and over-contributed to Roth 401K. The sum of both jobs' W2s for 401K is $18,514 (i.e. $14 excess). I withdrew the excess and completed a 1099R (code PJ), but did not change the W2 figures. Now I am getting ready to file, and TurboTax will not let me e-file.. it says "Roth Contributions of $18,514 is more than the allowed $18,500 for a 401K plan. Please check your entries on your W2 for 401k plans." Is there a way I can e-file?? Am I supposed to change my W2 figures since I withdrew the excess?
This link has the steps and at the very bottom, it says “Solution: Unfortunately at this time, customer with an excess contribution will need to print and mail, despite following the Steps to Take to Remove an Excess Salary Deferral as listed above.” You do not change the W2, so will just have to file by mail.
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This issue is scheduled to be fixed in an update that is currently planned to be released on 4/5/2019.
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