I contributed extra money to my 401k after moving jobs from WA to MA. I contacted my plan administrator & asked to remove the excess amount. How to report this in 2018?

[Rachel_W · Accepted solution]

You should report the excess contributions on Line 1 of your 2018 Tax Return by following these steps in TurboTax Online:

• Login to your TurboTax Online Account
• Click "Take Me to My Return"
• Click "Federal" from the left side of your screen
• Scroll down to "Less Common Income" and click "Show More"
• Select "Miscellaneous Income" and click Start or Update
• Select "Other income not already reported on a Form W-2 or Form 1099" and click on Start
  
• Answer the Question "Did you receive any other wages?  Yes
  
• Click "Continue" through the questions until you get to "Any Other Earned Income"
• Answer "Yes" to "Did you earn any other wages?
• Indicate "Other" as Source of Other Earned Income and click Continue
• For the description enter "2018 Excess 401K Deferrals" and click on Done