ThomasM125
Expert Alumni

Retirement tax questions

You would report a ROTH IRA contribution on the tax return of the person who made it. It will not result in a tax deduction but you should enter it into TurboTax if a return has to be filed for the person who made the contribution. TurboTax will allow you to make sure the contributions are allowable without a penalty, based on the income and tax situation of the taxpayer. Your contribution to a ROTH IRA cannot be more than your earned income for the year of the contribution.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"