All these replies thus far seem to think I am an idiot. Every year the Retirement Savings Credit takes both my husbands 401k and our IRA contributions (both of ours) whether traditional or Roth. When it is a Roth there is the Roth limitation worksheet and yes it is at the bottom. Also our income is well within the limitation. That does not answer any of the questions I specifically asked and the fact that various lines were filled out and did not populate to other lines.
I decided to close TT and thank goodness I did not save it. It was still saved from the day before and I opened my previous saved file up and everything was back as it is supposed to be which I don't understand what happened. But all lines were filled out, the Roth limitation worksheet was there, the 8880 had the lines populated and the summary page showed the $15000 on the IRA line and the addition of the new contribution was added to the basis worksheet page.
Here is my new question:
IRA Contribution Worksheet:
Regular Roth Contributions:
Line 19 has $7500 (both spouses)
Line 20, 21, 22 & 23 are BLANK
Line 24: Roth IRA Contributions. Combine Lines 20 through 23
Now, since these lines are BLANK then how is $7500 here? $7500 must be on this line because this line is labeled "Roth IRA Contributions" and it Populates Line 27
Line 27: Total Roth IRA Contributions
This is the line that populates the Form 8880, adds the amounts to the Roth Basis on the IRA Info Worksheet.
I Believe Turbo Tax has Line 24 Mislabeled and it should say "Roth IRA Contributions. Combine Lines 19 through 23"
I believe the form has an error on it and it needs to be reported to be fixed
