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My W2 income is $9,000. Turbotax is saying my wife
When I tried to enter $7,000 for my Roth IRA and $2,000 for my wife's Roth IRA, TurboTax said our combined earned income was only $7,940 and we would be penalized for any contribution she makes to a Roth IRA over $940. Why is the amount lower than my income and how does TurboTax figure our combined earned income?
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‎January 21, 2022
10:42 AM