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Retirement tax questions
I only entered 7000 for IRA under Deductions & Credits -> Retirement and Investments -> Traditional IRA Contributions.
On my Form 8880 I found incorrect / double the amount I entered ???
Not sure where is the extra 14000 came from ???
Line 1 showing 14000 ???
Line 2 showing 7000
Line 3 showing 21000 ??? Total
I deleted / removed the 7000 from Traditional IRA, and saw my refund changed. OK.
Then I re-entered the 7000 back for my IRA, the same error came up again with 14000 which should be 7000 and nothing in Line 2.
BTW I only need to add to traditional IRA.
I do not contribute to 401K or ROTH IRA.
Could U please help n share yr expertise how to fix it ?
Thank U
‎July 14, 2020
1:07 AM