I requested an excessive contribution distribution from Fidelity for 2018. I haven't received distribution. What do I need to do to report this for my 2018 taxes?

[Rachel_W]

You need to report your excess contributions on Line 1 of your 2018 Tax Return by following these steps: 

• Login to your return
• Click "Take Me To My Return"
• Click "Federal" on the left side of your screen
• Scroll down to "Less Common Income" (You may need to click "Show All" to get this option to pop up)
• Select "Miscellaneous Income, 1099-A, 1099-C" and click "Start or Update"
• Select "Other income not already reported on a Form W-2 or Form 1099" and click on "Start"
• Answer "Yes" to the Question "Did you receive any other wages?" 
• Click "Continue" through the questions until you get to the section "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", enter the amount, and click on "Done"

Note: There is currently an e-file issue related to excess deferrals.  For more details click here:  Excess 401(k) Contribution Preventing E-filing.