@dmertz
Yes, my spouse is also making a $6,000 Roth IRA contribution.
The MAGI shows up on the IRA contribution worksheets. I agree with you, I'm not actually concerned about this MAGI number
However, adding in my own Trad IRA contribution also completely changes my AGI on Line 11 of my 1040. With my contribution, my AGI is $214,527. No IRA contribution, AGI is $122,480.
Now, I understand that this is an issue with how TurboTax is putting together the Form 8606. My first point is that this is a serious issue that hopefully TurboTax corrects.
But my second point is that TurboxTax, in creating your 1040, is NOT treating a Covid withdrawal as income, whether that be in the AGI or MAGI calculation. The AGI, of course, appears on the filed tax return, so that seems like a big deal to me if it is wrong.
