Excess Roth IRA Contribution Credit

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In 2025 I over-contributed $1,400 to my Roth IRA , and I have removed $1,441 to avoid penalties.

Now the system is saying I have an error on IRA Contributions Worksheet Line 26 (Taxpayer's excess Roth IRA contribution credit) saying that it should equal $41.00

And Looking into the Roth IRA section it now says that I have had prior year excess contributions of $41.00 and it asks "how much of this do you want to credit toward your 2025 Roth IRA contributions?"

Why is it saying that I have an excess contributions of $41.00 if the $1,441 was removed from my annual contribution?

ThomasM125

Alumni - Intuit

I'm not sure why you are showing an excess IRA contribution from the prior year, but you can go to the entry screen in TurboTax where that would normally originate from and see if there is an entry there.

It is in the section where you enter your IRA contributions. Look in the Deductions and Credits section, then Retirements and Investments, then Traditional and Roth IRA Contributions. In that section indicate that you made a ROTH IRA contribution. You will come to a screen that says (name)'s ROTH IRA and there you will be asked if you contributed more to an IRA then allowed in a previous year. If you answer "yes" on the next screen you will see what the previous year excess contribution was and you can change it if it is wrong.

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