dmertz
Level 15

Get your taxes done using TurboTax

Your Roth IRA contribution is not permitted to exceed the amount on Schedule C line 31 minus the amount on Schedule SE line 13.

 

If you have made an excess Roth IRA contribution for 2024, you'll need to request that the Roth IRA custodian make a return of the excess contribution and they will report that distribution on a 2025 Form 1099-R.