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Question on calculating Roth IRA contributions
I have a question on Roth IRA contributions. I'd thought it was simply the total of the regular contributions, but I've seen some hints that it should be the contributions minus the distributions.
This years distribution exceeds the accumulated contributions, and I have to pay a penalty, but Turbotax doesn't seem to be calculating it.
The Learn More box discusses conversions, but not how to calculate the total contributions.
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yesterday