Retirement tax questions


@2020PA wrote:

The response is incorrect.  Military retirement is not included in the AGI for purposes of a ROTH IRA.  If turbo tax shows it this way without a way to correct it when filing then I may have to use a different service.

 

What Isn’t Compensation?

Compensation doesn’t include any of the following items.

  • Earnings and profits from property, such as rental income, interest income, and dividend income.

  • Pension or annuity income.


Where in IRS Publication 590-A Contributions to Individual Retirement Arrangements (IRAs) (2019), do you see that military pension income is not to included in the MAGI Worksheet 2-1 Modified Adjusted Gross Income for Roth IRA Purposes, page 40 - https://www.irs.gov/pub/irs-pdf/p590a.pdf#page=40