Deductions & credits

This is a year old post and  it seems that TurboTax and other companies that use the worksheet are doing it the way the IRS accepts that can result in a lower tax. 

 

TurboTax certainly DOES ask for the year end balance and always has, if you say yes, you have non deductible contributions when the interview asks.

 

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**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**