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Retirement tax questions
Thank you so much! I am following the instructions you shared. However, there is no place to 'indicate that you opened a Roth IRA before 2019'. Am I missing something? Where do I find this?
Can you help me find the exact steps on how to enter excess contributions for each of the past year so turbotax can do the 6% fine calculation correctly for each of the past year's excess? Right now, I am only seeing one filed to enter all past excess contributions for prior years. I think I need to split the past years excess for each year and report that in Turbotax for the correct calculation of penalty?
‎July 12, 2020
1:46 PM