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Get your taxes done using TurboTax
Hi Dana,
I followed your advice and entered the 1099-R I received from broker without changing anything.
clicked continued , entered 0 at Roth IRA contribution,
then chose "I had conversion from Traditional IRA"
entered 2020, and 2021 nondeductible contribution $6000 each, and was able to see the tax on $7000 was removed.
then the page took me to if I "made excess Roth IRA contribution for Prior Years".
Do I enter the 2024 $7000 excess contribution here? Does "Prior Years" include 2024, or the years before 2024?
Thank you for your help!
‎April 7, 2025
12:15 PM