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Retirement tax questions
1. This is the exact statement that Turbotax asked me "This amount should be the total excess contributions you made to a traditional IRA as of the date your 2020 tax return was filed.", and I answered 0.
2. I reviewed every section in Turbotax and the complete Tax Documents generated by Turbotax, and I don't see anything that should count as $70 exceeded contribution to ROTH IRA. In fact, Turbotax sums up all IRA contribution(s) and show it in a single box where the number is $6000.
March 2, 2022
4:03 PM