So... I have the SAME problem as the person who started this thread and it is making me super annoyed. My wife and I are each over 50 years old so we can contribute up to $8K to our IRAs for 2024. However, due to our higher income limit, we need to do non-deductible (post-tax) contributions to our Traditional IRAs and then do backdoor Roth conversions. Even after selecting all or some was converted to a Roth IRA, then the other statement that all was converted to Roth IRA, Turbo Tax states that we have a $7,743.00 taxable amount for those contributions/conversions. This is even after being given the "good news, you don't owe any taxes" statement for both my wife and me. I called Turbo Tax nearly two weeks ago to resolve this and they promised to call me back, but never did. I do not want to pay additional fees for Live Tax advice for helping Turbo Tax resolve their software error. Please someone help, otherwise I will be forced to do this all by hand as I am losing confidence in this software and this specific error could prevent me from getting an additional $3K in refunds, and is also potentially causing around a $275 underpayment penalty, despite not having any taxes due.
