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Retirement tax questions
Leave line 14 blank. The instruction for line 14 should read, "Amount on line 12 you elect to make nondeductible." TurboTax removed the original line 12 when the age limit for making a traditional IRA contribution was removed and failed to change the instruction when the remaining lines were renumbered.
Note, however, that you should be making entries in step-by-step mode, not in forms mode.
March 2, 2024
11:39 AM