todalee07
New Member

If I absorbed a 2019 Roth IRA overcontribution in 2020, how do I report this on my 2020 return using TurboTax?

I realized after I filed my 2019 return that I overcontributed to my Roth IRA in 2019 by $440. So, I filed Form 5329 and paid the 6% penalty, and this year I am able to absorb the $440 excess in my allowed contribution amount for 2020.  How do I report the $440 absorption on my 2020 return in TurboTax?  I have been trying to figure out how to find Form 5329 in TurboTax but have been unsuccessful so far.