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Error on IRA Contribution Worksheet - Line 14
When I run the review on my federal taxes, it gives me an error "IRA Contributions Worksheet: Line 15 - Amount of taxpayer's IRA contribution elected to make nondeductible should not be more than zero."
When I open the IRA Contributions Worksheet, it highlights Line 14 amount ($7,000), not Line 15 (which is "Excess traditional IRA contributions to Form 5329, line 15").
- Is the error a correct statement for Line 14?
- Why would TurboTax prompt me to make a choice about this in the workflow if a non-zero number is not allowed?
March 17, 2025
2:55 PM