topic Deleted duplicate posting. in Retirement tax questions

I over-contributed to my 401k in 2018 by $3,839 & contacted Fidelity to get my excess contribution back. I got $3,886 back. What # do I report for excess salary deferral?

ens087 — Fri, 07 Jun 2019 23:47:08 GMT

You need to report $3,839 for your excess salary deferral...

Rachel_W — Fri, 07 Jun 2019 23:47:09 GMT

You need to report $3,839 for your excess salary deferral for 2018.

You will receive a Form 1099-R with Code "8" in Box 7 for the earnings of $47. If you withdrew the excess in 2019, this will go on your 2019 Tax Return.

@ens087 Have you e-filed yet? I am on the latest version...

beanmeister — Fri, 07 Jun 2019 23:47:11 GMT

@ens087 Have you e-filed yet? I am on the latest version as of April 6, 2019 and there is a bug that will not let you e-file if you have excess deferrals on the W2 summary form.

Deleted duplicate posting.

beanmeister — Fri, 07 Jun 2019 23:47:12 GMT

Deleted duplicate posting.

I am also trying to e-file and it won't let me. Received...

johnathan-ting — Fri, 07 Jun 2019 23:47:13 GMT

I am also trying to e-file and it won't let me. Received an email on 4/5/2019 from Intuit indicating that the bug was fixed, but it is not.

same issue for me. Everyone is being told this is fixed f...

401kDeferral — Fri, 07 Jun 2019 23:47:14 GMT

same issue for me. Everyone is being told this is fixed for TT-online users and it's still broken as of 4/6/2019

Same for me! I’m trying to e-file and cannot because I k...

stmempho — Fri, 07 Jun 2019 23:47:16 GMT

Same for me! I’m trying to e-file and cannot because I keep getting the error message that I’m over the $18,500 limit. Aggravating that I can’t get my taxes done.

Same issue with me

ekamsingh27 — Fri, 07 Jun 2019 23:47:18 GMT

Same issue with me

same problem!

nw82734 — Fri, 07 Jun 2019 23:47:19 GMT

same problem!

I also have the same problem.

adamgordon2002 — Fri, 07 Jun 2019 23:47:20 GMT

I also have the same problem.

Same here. Where do you go to print out the paper forms...

kristenchung — Fri, 07 Jun 2019 23:47:22 GMT

Same here. Where do you go to print out the paper forms on TurboTax.com in case paper filing is the only option?

Is there an ETA of when this will get resolved?

JoJoMat — Fri, 07 Jun 2019 23:47:22 GMT

Is there an ETA of when this will get resolved?

same problem for me. Also, since I have reported the exce...

jayeshgoyal — Fri, 07 Jun 2019 23:47:23 GMT

same problem for me. Also, since I have reported the excess deferral as income (excess deferral withdrawn before 4/15), does that mean I can manually adjust the W2 and show only 18500 deferred

I've been on the phone with customer support of an hour n...

Harayden — Fri, 07 Jun 2019 23:47:25 GMT

I've been on the phone with customer support of an hour now. They don't know how to fix this.

And btw, I wouldn't just print the forms and file by mail...

Harayden — Fri, 07 Jun 2019 23:47:26 GMT

And btw, I wouldn't just print the forms and file by mail as there might be issues with the forms themselves if the SW if defective. I wouldn't trust the forms at this point until Intuit fix their mess.

I spent two hours with TT support and he still couldn't h...

gautamchauhan — Fri, 07 Jun 2019 23:47:28 GMT

I spent two hours with TT support and he still couldn't help with this issue. I already paid the fee as well. He claims TT products are non-refundable even with software glitches preventing your filing

@jayeshgoyal No, you should not adjust the W2 information...

beanmeister — Fri, 07 Jun 2019 23:47:30 GMT

@jayeshgoyal No, you should not adjust the W2 information because then the W2 will not match with what the IRS received.

@Harayden The taxes calculations appear correct. The sof...

beanmeister — Fri, 07 Jun 2019 23:47:31 GMT

@Harayden The taxes calculations appear correct. The software just thinks the excess deferrals on the W2 summary (which is only a worksheet and is not sent to the IRS) is an error and cannot proceed. Although I see your point because if the software can't get pass this simple issue, then how can the rest of the software be trusted.

Has anybody found any fix for this issue?

ekamsingh27 — Fri, 07 Jun 2019 23:47:33 GMT

Has anybody found any fix for this issue?

I got this error when I tried to e-file my federal return...

robbinsd13 — Fri, 07 Jun 2019 23:47:34 GMT

I got this error when I tried to e-file my federal return. Apparently the workaround is to file by mail. As long as the excess deferral is the only problem the software found, you should be fine to file by mail. Here's the official post stating the workaround: <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/4698409-excess-401-k-contribution-preventing-e-file">https://ttlc.intuit.com/questions/4698409-excess-401-k-contribution-preventing-e-file</a>