MNTaxNoob
New Member

My MAGI appears to be over the limit to contribute to a Roth IRA, yet Turbotax hasn't flagged a penalty for my contributions.

My MAGI appears to be over the limit to contribute to a Roth IRA, yet Turbotax hasn't flagged a penalty for my contributions to a Roth IRA this year despite me linking it to my brokerage account and providing all necessary details.

 

#1. Is the software supposed to flag this?

#2. If so, where does the flag appear?

#3. How can I be sure what Turbotax considers to be my MAGI?

 

Thank you!