Need some help. For many years, my wife has been contributing to a traditional IRA, then uses a backdoor Roth IRA conversation to move it to her Roth IRA. For this year, when I input the information into TurboTax, I get the warning that our MAGI is too high, and it's now an excess contribution. Did something change for tax year 2020, or am I missing something in the entry of it? My MAGI has not changed significantly.
Thanks for any help.
