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New Member
posted Mar 26, 2025 3:41:18 PM

Turbotax warned that if I selected to contribute to my ira 2024, it would be considered by irs as over contribution ever though I have not made any contribution for 2024. Can I still contribute now eventhough I have already filed my taxes?

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1 Replies
Level 15
Mar 26, 2025 3:57:23 PM

Turbo Tax was saying you don't have any earned income form W2 wages or a Net Profit on Schedule C to be eligible to make a IRA contribution.  What kind of income do you have?