你已经错过了改正的机会（3/1 之前通知401k 公司，4/15 号之前退款）， 现在只能交罚款了。 别担心，不多。 首先立刻联系你的公司和401k 公司，把多的钱退回来。 报税时要今年明年都 报， 把欠的税以及产生的利息的税都补回去。 具体看下面。 How to report excess 401k 2024 -- 先说理论 You had this excess deferral because you changed job during 2024. You need to notify employer(s) by March 1, so that corrective distribution(s) of the excess deferral along with allocable earnings could be made by April 15. The excess deferral should be reported on Line 1 of F.1040 of 2024, not Line 8 of Sch 1. The earnings, on the other hand, would be reported only on your 2024 return. The 10% excise tax on distribution will not be applicable in this case. In the event corrective distribution(s) is/are not made by April 15, the excess deferral will be subject to tax again in 2025 (in addition to 2014) because your would be treated as not having a basis in the distribution, along with the earnings. There will be no 1099-R for 2024. Two 1099-Rs will be issued next year for 2025 - one for the excess deferral with a Code P, which is for amount taxable in 2024 and another for the earnings taxable in 2025. Your have every incentive to make sure this is done correctly and within the prescribed time frame. 2 Turbo tax: 具体操作 Report the excess deferall on your 2024 return in the Income section for Retirement Plans and Social Security whether or not you received a Form 1099-R before you file your return. Enter as much information as you can. Report the excess deferral amount in boxes 1 and 2a, and use code P in box 7. Indicate that this is a 2025 Form 1099-R." Someone said: I have the same situation, but on the letter included with my deferral refund, it explicitly states that the deferral is taxable in 2024 and the earnings are taxable in 2025. On my plan''''s website, it shows the two 1099-Rs, one for the deferral with code P and one for the earnings with code 8. Code P means it is a return of contributions from the previous year and Code 8 means it is a return of contributions from the current year. When you file your 2024 taxes and you enter the one with Code P, that amount will NOT be added to your 2025 taxable income. You can test this yourself right now by making a 1099-R and selecting box P and keep going though the steps and if will ask if it is a 2024 1099-R or a 2020 1099-R. If you select 2024 (current year), you will see your estimated refund does not change. If you select 2025 (next year), it will count it as taxable income for 2024 as it is supposed to. So next year when you enter that same 1099-R again, it will ask you if it is for 2025 (current year) or 2026 (next year). You will select 2025 (current year), it will NOT be counted as taxable income again and you will not need to amend you 2024 taxes because you already reported it and paid the taxes. The box is labeled IRA/SEP/SIMPLE. Examine the IRA/SEP/SIMPLE box to see if it is marked with an ''''X'''' or a checkmark. If it is marked, the account being reported is either a traditional IRA, a SEP-IRA or a SIMPLE IRA. SUMMARY - 注意这个，稍有点绕 in 2024 return, code : P which year on form 1099-R ->>> choose 2025 (next year) in 2025 Return should use code 8 which year on form 1099-R ->>> choose 2025 (current year)
交罚款。。。
----------- 首先声明，我不是会计， 这是我当年search 的结果和报税的情况 ， 楼主请自己研究验证 ----- --- --------------仅供参考 ---------------
你已经错过了改正的机会（3/1 之前通知401k 公司，4/15 号之前退款）， 现在只能交罚款了。 别担心，不多。
首先立刻联系你的公司和401k 公司，把多的钱退回来。 报税时要今年明年都 报， 把欠的税以及产生的利息的税都补回去。
具体看下面。
How to report excess 401k 2024 -- 先说理论
You had this excess deferral because you changed job during 2024. You need to notify employer(s) by March 1, so that corrective distribution(s) of the excess deferral along with allocable earnings could be made by April 15. The excess deferral should be reported on Line 1 of F.1040 of 2024, not Line 8 of Sch 1. The earnings, on the other hand, would be reported only on your 2024 return. The 10% excise tax on distribution will not be applicable in this case.
In the event corrective distribution(s) is/are not made by April 15, the excess deferral will be subject to tax again in 2025 (in addition to 2014) because your would be treated as not having a basis in the distribution, along with the earnings. There will be no 1099-R for 2024. Two 1099-Rs will be issued next year for 2025 - one for the excess deferral with a Code P, which is for amount taxable in 2024 and another for the earnings taxable in 2025.
Your have every incentive to make sure this is done correctly and within the prescribed time frame.
2 Turbo tax: 具体操作 Report the excess deferall on your 2024 return in the Income section for Retirement Plans and Social Security whether or not you received a Form 1099-R before you file your return. Enter as much information as you can. Report the excess deferral amount in boxes 1 and 2a, and use code P in box 7. Indicate that this is a 2025 Form 1099-R."
Someone said: I have the same situation, but on the letter included with my deferral refund, it explicitly states that the deferral is taxable in 2024 and the earnings are taxable in 2025. On my plan''''s website, it shows the two 1099-Rs, one for the deferral with code P and one for the earnings with code 8. Code P means it is a return of contributions from the previous year and Code 8 means it is a return of contributions from the current year. When you file your 2024 taxes and you enter the one with Code P, that amount will NOT be added to your 2025 taxable income. You can test this yourself right now by making a 1099-R and selecting box P and keep going though the steps and if will ask if it is a 2024 1099-R or a 2020 1099-R. If you select 2024 (current year), you will see your estimated refund does not change. If you select 2025 (next year), it will count it as taxable income for 2024 as it is supposed to. So next year when you enter that same 1099-R again, it will ask you if it is for 2025 (current year) or 2026 (next year). You will select 2025 (current year), it will NOT be counted as taxable income again and you will not need to amend you 2024 taxes because you already reported it and paid the taxes.
The box is labeled IRA/SEP/SIMPLE. Examine the IRA/SEP/SIMPLE box to see if it is marked with an ''''X'''' or a checkmark. If it is marked, the account being reported is either a traditional IRA, a SEP-IRA or a SIMPLE IRA. SUMMARY - 注意这个，稍有点绕 in 2024 return, code : P which year on form 1099-R ->>> choose 2025 (next year) in 2025 Return should use code 8 which year on form 1099-R ->>> choose 2025 (current year)