- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Looks like it was an operator problem. I've been burned with Roth IRAs in the past and wanted to make sure that never happens again. To me, the message that Turbotax gives is misleading when it replies "Your IRA Deduction is $0" while you are inputting Roth IRA information.
What I did to get a response out of Turbotax that make sense to me and indicates to me that my $7500 contribution is allowed is I entered my amount as $7501. Then it yelled at me that I was $1 too high. That implies my 'real' $7500 amount was accepted as allowed. Below is the message I received when I purposely entered the wrong amount (I have since corrected it).
‎February 10, 2024
8:05 PM