Can someone give me a step by step walkthrough in regards to the next steps because I have over-contributed to retirement funds?

One job.

Over contributed to a 401k ($1600) and 457 ($800).

I sent my ‘return of excess’ contribution forms in yesterday to the respective companies who hold my accounts.

What are the next steps?

Will I get checks/direct deposits in my bank account for the amounts above + earned interest?

Will I be sent a 1099-R from each company?

Do I use those forms and add their values to my TurboTax filing docs?

Will I get an updated/new W2 from work?

Please someone with knowledge walk me through this.

Thanks

Submitted January 20, 2019 at 11:55PM by fat-stanley http://bit.ly/2U6xFIR