dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Retirement tax questions

"I find the Turbo Tax 2025 Home and Business Desk is not considering the 401k Roth conversions when calculating MAGI for the Roth IRA contribution limit."

 

TurboTax is behaving correctly.  In-plan Roth Rollovers are not to be subtracted from AGI.  Only conversions to a Roth IRA are to be subtracted.  IRRs have never been permitted to be subtracted from AGI.

View solution in original post