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Roth IRA Contributions
In 2018, I contributed the maximum amount allowable for my Roth IRA, but when I went to file my taxes in April 2019, TurboTax indicated that I could NOT submit a contribution at all. I had to go to my bank and went to great effort to have the amount retracted.
There was some lame notation but I don’t remember what it was. Was this because my income was only $17,000 +/-)? I don’t think that should be the case if it was. For I could have used my savings or cash-on-hand to make the contribution. Do you have an idea why this happened?
January 25, 2020
10:53 AM