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Retirement tax questions
The response that you got from the live assistant is wrong. It is not asking anything about contributions. TurboTax is simply asking if you had any money in Roth IRAs at year-end (and no outstanding rollovers of Roth IRA distributions that would need to be added back to your year-end balance). Since you did have money in Roth IRAs at year-end, answer Yes.
(This question in TurboTax currently serves no purpose given the changes to the tax code made by the Tax Cuts and Jobs Act of 2017 for tax years 2018 through 2025.)
‎January 26, 2025
8:58 AM