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2025 PhD Stipend as earned income
I am trying to follow a similar path as previous years to enter a PhD stipend so it shows as earned income allowing for Roth IRA contributions. In previous years, I have followed the 1098-T path with success. However, this year, after following this path I still show an excess Roth IRA contribution and associated tax. Any ideas?
UPDATE: I was able to fix this by going to the forms view and manually updating field 16b2 on the Earned Inc Wks. I am not sure why the interview process didn't update this (I guess I didn't enter a field correctly).
3 weeks ago