Hi,
My daughter contributed to a Roth IRA in 2018. K-1 partnership earnings are her sole source of income. TT indicates that all of her contributions are in excess because she has earnings of zero.
It is my understanding that these earnings should count if she is an active partner, which she is, and I have indicated that in the Q & A. The software does not seem to acknowledge that fact.
This was not an issue on prior year tax returns. What's up?
