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Retirement tax questions
I believe this is the case for me too. It is a SIMPLE IRA, not a Roth IRA. I'm entering $0 to the question of "How much of the $xxxx.xx in retirement contributions from your W-2 (box 12) went to a SIMPLE Roth IRA plan?."
The way they have it worded in Turbo Tax is confusing. There is no such thing as a "SIMPLE Roth IRA plan..."
From the IRS website: A SIMPLE IRA cannot be a Roth IRA.
‎February 1, 2024
1:09 PM