Corrected W-2 for failed 401K ADP non discrimination test?

Is it possible to get a corrected W-2 when I have received a refund from a 401K that failed the 401K adp / acp nondiscrimination test? Currently is shows the full 25K in the box 12 on the w-2 I received from the company where I am employed. They refunded almost 7K. I have another solo 401K that I could put that 7K in, but the 25K is the max I can personally put in and I don't want to throw up any red flags by funding it without a corrected W-2.

Thanks

1415

Not applicable

Feb 27, 2020 10:53:16 PM

no you don't get a corrected w-2 for the excess contribution. you should have received a 1099-R if it was refunded in 2019. if the contribution was in 2019 and the refund was in 2020. you will receive a 1099-R in January 2021 to report on your 2020 return. it will be coded in such a way that it will show up on the wage line.

based on 2019 coding it would be code 8. it will actually appear on the line for wages.

Level 2

Feb 28, 2020 7:46:17 AM

Well that sucks. It was refunded in 2020. So I apparently don't get to use the full 401K option of 25K that I should be able to use for 2019. That does not seem right.

New Member

Feb 28, 2020 1:21:11 PM

How can i get a copy my w-2 from

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Corrected W-2 for failed 401K ADP non discrimination test?