Question

I have filed my 2018 federal return. I then found that I over contributed to Roth 401k at work during 2018. Do I need to file an amended 2018 return?

Forum|Forum|7 years ago
June 1, 2019
3 replies
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tpmathewsAuthor

Yes, excess Roth 401k contribution is in process of being returned (in 2019).

macuser_22

Employee

Did you have the excess returned? Was it returned in 2018 or 2019?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

macuser_22

Employee

You will need to amend 2018 to report the return on your 2018 tax return as returned wages. If you had not already filed then you could report it now and avoid amending. Since you already filed then there is no reason to amend prior to receiving the actual 2019 1099-R with a code P in box 7, next January.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**