Retirement tax questions

Your income is too high to contribute. Roth IRAs offer some great benefits, but they have restrictions based on income. Your MAGI is xxx, which puts you over the roth limit of 153,000. That means the xxxx amount you put in the roth is an excel contribution.

 

When i look on my 1040 form, 7b is filled with my Roth amount. I wouldn't expect it to be populated based on prior backdoors