Dazednconfused Posted February 17, 2010 Share Posted February 17, 2010 Employee had excess contributions for 2009, funded $20,000, he was making up for 'catch up' contributions missed in prior years. I am fairly certain that this is not allowed but what is the correction method? 1. Is it to return to the employee, adjusted for g/l? 2. His w-2 would show $20k for 2009 (I assume I do not mess with this), then he should he receive a 1099r for 2009 for the excess or is the 1099r issued 2010 and coded for 2009 excess? Thanks Link to comment Share on other sites More sharing options...
Gary Lesser Posted March 1, 2010 Share Posted March 1, 2010 See (among other posts in this foum) the following post: Link to Post Link to comment Share on other sites More sharing options...
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