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MAGI for Roth IRA excess calculation is not adding back 1/2 self employment tax
I'm trying to determine the amount of excess contributions that were made to my ROTH IRA. On the Roth IRA contribution limit worksheet ( and in the ROTH IRA input section) the MAGI is equal to my AGI. The amount of 1/2 of my self employment tax was not added back in. Is this an error in the turbo tax program?
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‎February 23, 2022
8:02 AM