Reporting distribution on 401K and 401K ROTH excessive contribution

[engel97]

Due to excessive contribution to 401K and 401K ROTH in 2024, I contacted my plan administrator and have the excess withdrawn 3/4/2025.  They gave me 4 checks, 1 for 401K excess $5000, 1 for 401K excess earnings $800, 1 for ROTH 401K excess $1000, and 1 for ROTH 401K excess earnings $200.

How do I report them in TurboTax, with details please.  

[DanaB27]

You must include the excess deferral to the 401(k) in your wages in the year the excess deferral happened. You do not include the 401(k) Roth excess. The earnings will be reported in the year of distribution, therefore the earnings will be reported when you get the 2025 Form 1099-R with code 8.

Please follow the steps below:

1. Login to your TurboTax Account 
2. Click "Wages & Income" (under Federal) on the left side of your screen
3. Scroll  down to "Less Common Income" and click "Show More"
4. Scroll down to "Miscellaneous Income, 1099-A, 1099-C" and click "Start"
5. Select "Other income not already reported on a Form W-2 or Form 1099" and click "Start"
6. On the "Did you receive any other wages?" screen answer "Yes" and click "Continue"
7. Continue until you get to the "Any other earned income" screen, answer "Yes" and click "Continue"
8. On the "Enter Source of Other Earned income" screen select "Other" and click "Continue"
9. On the "Any Other Earned Income" screen enter "2024 Excess 401(k) Deferrals" for the description, enter the amount of $5,000 (from the 401k only not 401k Roth) and click "Done".

You will the excess deferral on line 1h on Form 1040.

Please note for the Tax Year 2025 tax filing due April 15, 2026: 

• Form 1099-R with Code P in box 7 can be ignored if you reported the excess as described above in 2024. 
• Form 1099-R with code P and B for the 401(k) Roth excess can be ignored.
• However, the earnings on Form 1099-R with Code 8 in box 7 should be reported in 2025.

Please see Pub 525 for additional information.

[engel97]

TurboTax is suggesting the following which is different from your suggestion but also did not specify the breakdown of 2 1099-Rs to submit. 
Here is the suggestion from TT:

Steps to Take to Remove an Excess Salary Deferral

1. Figure out which retirement account you want to remove the excess salary deferral from. You can use IRS Publication 560, Retirement Plans for Small Business, to help you decide.

2. Notify the plan administrator (the company or broker that handles your retirement account) that you have an excess salary deferral as soon as possible.

Depending on the rules of your plan, and whether the plan administrator is notified sufficiently ahead of the tax return due date, you may be able to withdraw the funds to avoid paying additional taxes on the excess deferral. If you are able to withdraw the funds, here is how to report that:

1. Report the excess deferral on your 2024 return in the Income section for Retirement Plans and Social Security whether or not you received a Form 1099-R before you file your return. Enter as much information as you can. Report the excess deferral amount in boxes 1 and 2a, and use code P in box 7. Indicate that this is a 2025 Form 1099-R.

2. In 2025, you will probably receive two Forms 1099-R. One reports the excess deferral amount. The other reports the earnings on the excess deferral enter both of these forms in your 2025 return, and we'll only add the earnings to your 2025 income

Are you saying

[DanaB27]

The instructions apply to a 401(k) excess deferral only and not Roth 401(k).

To report the excess deferral on your 2024 tax return you either enter a 2025 1099-R with code P or follow the steps I provided above. Both methods will result in reporting the the excess deferral in line 1h. Generally, customers find it easier to enter it with the steps I provided since they sometimes don't know the payer's TIN.