dmertz
Level 15

Retirement tax questions

Does TurboTax indicate that your compensation is zero?

 

The MAGI for eligibility to contribute to a Roth IRA depends on your filing status.  Phase out range:

MFS: $0 to $10,000

MFJ: $230,000 to $240,000

Others: $146,000 to $161,000

 

You can examine TurboTax's Roth IRA Contribution Limit Worksheet to see how TurboTax is determining your contribution limit.