tax124
Returning Member

Retirement tax questions

Another question please. For 2023 amend and 2024 tax filing, when TurboTax asks for the amount contributed to Roth IRA, do I enter just the amounts contributed for each respective year ($7,500 for 2023 and $8,000 for 2024)? Or do I enter amount contributed AND its earnings?

 

And what do I enter for "Corrective distributions made before the due date of the return" please? Amount contributed and its earnings?

 

Thank you for your help.