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Retirement tax questions
Thanks for the response. I have entered the IRA amount in the 2020 return and the entered the entire Non deductible amount as 1500 since i withdrew entire amount in Jan -2021.
But I am getting below error during final review -
IRA Contribution Worksheet Line 15- Amount of tax payers' contribution elected to make non deductible should not be more than 820$.
Deductible Traditional IRA - 820
Non Deductible Traditional IRA - 680.
Please advise. FYI- I withdrew entire 1500$ in Jan -2021.
‎January 29, 2021
9:16 AM