I have $549 on my Roth value on Dec 31st 2022. This $549 was 2021 contribution. Turbo tax ask to 'include any contributions after 2022 that were designated for 2022'. I contributed $6000 in March 2023 for 2022. So I entered $6549 but the next page says my roth contribution was too high? Why?
Is Turbotax asking only 2022 contributions in 2022? Then it shouldn't ask the 'VALUE' on Dec 31st 2022. 'VALUE' IS ALL THE TOTAL including PRIOR CONTRIBUTIONS. Am I missing something?
I then only enter $6000 for the 'value' of Roth IRA, next page indicates my Roth contribution was too high??????? I changed it to '0' still indicates my roth contribution was too high. How do I fix this? I am lost and confused
Can I skip this question since I only contributed $6000 and I didn't over contributed. Does it affect my future tax return if I skip this?
