DawnC
Expert Alumni

Retirement tax questions

That section is currently being updated in TurboTax.  On January 8, 2024, the IRS released a notice describing many changes required to implement the Secure Act 2.0.  Section 601 of the Secure Act 2.0 refers specifically to Simple and SEP Roth IRAs.     Check back later and remember, the IRS does not start accepting returns until Jan 29.   @EricH4 

 

The following message is normal to see: 

 "We're updating how SEP and simple plan contributions are reported on the tax return based on new guidance from the IRS."

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