mbk123
New Member

When turbotax asks for the value of my Roth IRA, do I enter the total amount from my mutual funds? When I do that, I get an error that I've earned too much for the Roth.

I don't ever remember having to add how much money is in my accounts. When I do, TurboTax tells me that I make too much money to use a Roth IRA, which results in me getting a penalty statement, and that we have excess. Being in the military, I'm pretty sure we don't make enough to not qualify for a Roth IRA.