1. Home
  2. 머니/재테크
  3. 세금/세무

[머니/재테크] 상담 글 질문에 공감하시면 '나도 궁금해요'버튼을 눌러주세요.

  • 글꼴 확대하기
  • 글꼴 축소하기

Q.401k excess

지역California 아이디d**yelee0****
조회2,558 공감0 작성일4/2/2015 12:13:16 PM

I double checked with my employer, and it will be 1099R. Are there tax implications for filing this in 2015 along with W2? Such as early withdrawl penalty although I didn't take money out myself?

Below is my previous question for reference:

I participated in 401k and reached the max $17500 last year, but my employer returned about $10000 as an excess last week (end of March). Because I have already filed my tax this year, I inquired both my employer and IRS what I should do with the returned contribution. My employer told me that I should add it to my income in 2015 as they'll be sending 1090G by Jan. next year without changing my 2014 tax. However, IRS helpline rep told me the employer should be sending me a revised W2 and I should be amending my 2014 tax using 1040X form.


My employer quoted internal revenue code 4979(f)(2), and the IRS rep quoted the IRS rule book page 10.


Please advise which one is correct so that I can take measures accordingly.
0/1000

* 등록된 총 답변수 1개입니다.

사무엘 이 님 답변 [머니/재테크] 답변일 4/5/2015 9:40:35 AM
You are allowed to contribute to your 401K up to maximum of your payroll
(Legal maximum contribution payroll per person is #$17,500). I do not understand why your employer returned $10,000.

I will be able to answer to your question once I have all evidence such as copy of W2 plus if you contributed to IRA, too.

Samuel Lee

머니/재테크 분야 질문 더보기 +

주의 !
상담 내용은 질문자의 질문 내용을 바탕으로 한 전문가의 소견으로, 답변과 관련하여 답변한 전문가나 회원, 중앙일보, 조인스아메리카의 법률적 책임이 없음을 알려드립니다.

추천전문가 전문가 리스트+

인기 상담글

ASK미국 공지 더보기 +

미국생활 TIP 더보기 +