@DavidD66 wrote:
You can still make the contribution, even if TurboTax is saying you can't.
TurboTax does not make errors in calculating your MAGI for the purpose of a Roth IRA contribution, provided you have entered everything into TurboTax correctly. Ignore TurboTax's warning at your peril. If your entries are correct, TurboTax says the Roth IRA contribution that you have entered is more than permitted and you actually make that contribution, it will be an excess contribution that is subject to penalty every year until the excess is corrected.
It's possible that you have not reported an actual Roth conversion correctly and you need to correct your entry of the Form 1099-R that reports the distribution from the traditional IRA. Also be aware that if what you actually did was an In-plan Roth Rollover and not a Roth conversion from a traditional IRA to a Roth IRA, it is not permitted to be subtracted from MAGI for the purpose of a Roth IRA contribution.
