Quick question about missed RMD's Elderly parent passed away Jan 2024,
having taken RMD's since 2019 but not having taken RMD's for 2023
(illness) or 2024 (death). I understand that the RMD for 2024 should be
taken by me, the non-eligible designated ...read more
So I over contributed to my 401k/403b by a little under $200. The 401k
admin has since cut me a check on the amount plus earnings. There were
NO taxes withheld.My employer said they will NOT cut a w2c. How should I
report this on this years taxes via...read more
Hi, I just found out that I've been overcontributing to my roth ira for
2018, 2019 and 2020. My wife also has the same issue for 2020. We have
filed as married filing jointly for all 3 years. Am I able to amend my
2019 and 2020 returns via turbotax a...read more
koei15Posted March 24, 2022
| Latest post 6 hours ago by
Nick2024
So I switch jobs during the year 2024. Let's say this is a break down of
my contribution by end of year 2024: Company 1:Pre-tax 401k:
3,000Company match: 1,000After-tax: 40,000 Company 2:Pre-tax 401k:
20,000Company match: 10,000After-tax: 0 The limit...read more
I made excess Roth contributions for 2021 and 2022 (early in the next
calendar year, $7000 each year), and discovered this in 2023 before
filing for 2022. Before the filing deadline (as extended for
California), I withdrew enough to cover both the 20...read more
I lived in Maryland for Tax year 2022 and left the state at the end of
August. Since I was there over 183 days, I filed a Resident income tax
return. I previously lived and filed there 2017-2021. Ok, I reported my
FULL income for the entire tax year....read more
ja19584Posted 15 hours ago
| Latest post 13 hours ago by
Opus 17
I exceeded my 401k contribution limit in 2023, and have successfully
withdrew the excess deferral and earnings by 4/15/2024. I am still
working on my 2023 tax return, if I report the excess deferral as "other
income", do I need to include earnings in...read more