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Retirement tax questions
Thank you. Yes. Your income calculation is correct. Net profit amount was just shy of $188+, so the contribution amount is correct. I did not check the maximize contribution button until after I did all other entries, as I wanted to watch how turbotax managed these calculations and the tax burden in real time. When I checked the box and then made the entries is when it did the double taxing.
March 10, 2024
9:07 AM