Overcontributed to my solo 401K, understood that I can remove excess up to legal tax filing date, which is 15 October in Los Angeles, CA (because of emergency status). My brokerage says I had to do by 15 April. So questions:
1. Who is right (trying to get IRS on phone disconnected me on hold after 40 minute wait)?
2. If I am right, how do I get them to requalify it prior to filing?
3. If they are right, I have to take out a regular distribution of the excess (?) and pay a penalty, how do I handle this and calculate in TurboTax?
Thanks,
Adam