DanaB27
Expert Alumni

Retirement tax questions

Your Roth contributions are limited by your Modified Adjusted Gross Income (MAGI). Please see Amount of Roth IRA Contributions You Can Make for 2024

 

TurboTax is using correctly the Worksheet 2-1. Modified Adjusted Gross Income for Roth IRA Purposes to calculate you MAGI for Roth IRA purposes.

 

 

Please see What happens if I made an excess Roth IRA contribution to see your options to fix the excess Roth IRA contribution.

 

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