Opus 17
Level 15
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Retirement tax questions

You can't make any IRA contributions (Roth or traditional) unless you have compensation from working.  This is usually defined as wages reported on a W-2 in box 1, or net self-employment income from schedule C.  

 

I'm not clear on how you have zero income but a $241,000 MAGI.  Can you explain more about your situation?

 

Do you or your spouse have any income that is compensation from working?

 

If you did a conversion to a Roth IRA, conversions are not contributions, they are separate, and you should not enter a conversion in the contribution section. 

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