About kilter

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Solved Re: 401k Excess Contribution Late Withdrawal

Hi@LindaS5247, thanks for the helpful response here. I posted earlier in this thread thinking I would not get the excess deferral distribution in time, but my f...

kilter

1

Updated Mar 06, 2025
Solved Re: 401k Excess Contribution Late Withdrawal

This link/context is exactly what I was looking for. Thank you!

kilter

Updated Mar 06, 2025
Solved Re: 401k Excess Contribution Late Withdrawal

Thanks @dmertz. So I amend now and pay the additional income on that excess -- even though I can't withdraw it, it seems -- and then I pay taxes on it again whe...

kilter

2

Updated Mar 06, 2025
Solved Re: 401k Excess Contribution Late Withdrawal

Also, I already filed my 2022 taxes, so in addition to the above question on what my tax basis will be, do I have to now file an amendment to my 2022 taxes? Do ...

kilter

4

Updated Mar 06, 2025
Solved Re: 401k Excess Contribution Late Withdrawal

I'm in the same situation as the original poster, and I know I will not receive the excess back in time before the deadline, perhaps at all given the restrictio...

kilter

5

Updated Mar 06, 2025

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Date Registered	‎April 6, 2023 4:52 PM
Date Last Visited	‎April 17, 2023 7:25 PM
Total Messages Posted	5

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