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The IRS states I can contribute $8000 to my Roth IRA, because the MAGI includes tradition IRA deductions - it is NOT limited to EARNED income as Turbotax states! Help!
See IRS Pub. 590-A, Worksheet 2-1: Modified Adjusted Gross Income for Roth IRA Purposes. Do I continue with my 2024 return even though Turbotax thinks I have "excess contribution"?
March 5, 2025
1:21 PM