dmertz
Level 15

Retirement tax questions

Oh, you are asking about the page where TurboTax asks this to determine your penalty for an excess traditional IRA contribution.  Yes, in this case you are to enter the sum of your 2018 year-end balance and any contributions made in 2019 for 2018, $5,000.

The reference to distributions made in 2017 makes no sense at all to me.  I think it's wrong.