Anonymous
Not applicable

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Since I mistakenly thought the problem in the calculation was with the 70 1/2 age cutoff that is no longer in effect, would it be better to start a new thread?