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Retirement tax questions
How can I enter information into TurboTax so that it accepts my $8,000 Roth IRA contribution? Quoting from the program after I entered my data: "Your modified adjusted gross income is $376,341, which puts you over the current Roth limit of $240,000. That means the $8000 you put into a Roth is considered an excess contribution."
Have I missed telling the program that the high MAGI is due to the amount that I converted?
‎February 6, 2025
12:01 PM