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Retirement tax questions
I have $50,000 in self-employment income and $6xxx in W-2 income. The disallowed amount calculated by Turbotax from the $7,000 I contributed is $8xx. That is exactly $7,000 - $6xxx. That seems to be pretty good evidence that the system is not taking into account the self-employment income and that there is a problem in the software. Do you have any suggestions about how to get that addressed?
Since I mistakenly thought the problem in the calculation was with the 70 1/2 age cutoff that is no longer in effect, would it be better to start a new thread?
‎January 22, 2021
1:46 PM