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Investors & landlords
Excess contributions are required to be reported on your tax return.
It's beneficial to enter Roth IRA contributions so that TurboTax can check for excess contributions and can track your basis in Roth IRA contributions, information necessary to determine the taxable amount if you receive a nonqualified Roth IRA distribution.
‎September 19, 2024
4:02 PM
24,743 Views