davidbelc
New Member

Should ROTH IRA Computation Limit Worksheet block 7 wages and other income be the same as Schedule C Block 31?

I have earned income of: $6,941 (on Schedule C)

The ROTH IRA Computation Limit Worksheet shows my Earned Income as: $4,450 (Block 7)

For a difference of: $491.

When entering my 2016 Roth IRA Contributions ($2256 for me and $4,686 for my wife) Turbo Tax reports an overpayment because it is working on the ROTH IRA Computation Limit Worksheet instead of the $6,941 from Schedule C.

Why isn't the $6,450  from IRA Worksheet using the same $6,941 as Schedule C?