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1099-R Received for 2018 Over-Contribution

My wife over-contributed to her 401k in 2018 due to working for 2 related employers.  She had one plan but contributed under 2 FEINs.  We contacted Vanguard in December 2018 to resolve the issue.  They ended up cutting a refund check early in 2019 and we included it on our taxes.  They then came back in July with a second check due to a calculation error on their part.  I entered the 1099R into 2019 Turbo Tax.  Because it is distribution code P (Over-contribution in 2018), it says I need to file an amended return for 2018.  When I enter the form in 2018 amendment, code P shows as over contribution in 2017.  Doe anyone know if that really matters what the description is?

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1 Reply
KarenM90
Intuit Alumni

1099-R Received for 2018 Over-Contribution

You can continue with the amendment, the interview questions should ask you for which year the 1099R was issued.  

 

Be sure to include in your explanation for amending your return, the correct years/dates of the contributions and 1099R's and why you are amending.  Be specific.

 

Please note that your amended return will need to be printed and mailed, as IRS does not accept e-filed amended returns.

 

Printing and Mailing instructions will be included when you print your return.

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