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Retirement tax questions
Yeah I get that but the question during the interview is:
"Any Nondeductible Contributions to Michael's IRA?
Let us know if <name> made any and kept track of any non-deductible contributions to a traditional IRA from 2016 or prior years"
This is a very confusing way to ask the question. I would propose a better way to ask the question is:
"Did <name> have any non deductible IRA contributions for 2017?" Then ask about prior year contributions on a later screen.
This of course begs the question why ask about 2017 at all? I already told Turbotax I made a contribution in 2017 and it determined it was non-deductible....
"Any Nondeductible Contributions to Michael's IRA?
Let us know if <name> made any and kept track of any non-deductible contributions to a traditional IRA from 2016 or prior years"
This is a very confusing way to ask the question. I would propose a better way to ask the question is:
"Did <name> have any non deductible IRA contributions for 2017?" Then ask about prior year contributions on a later screen.
This of course begs the question why ask about 2017 at all? I already told Turbotax I made a contribution in 2017 and it determined it was non-deductible....
‎June 7, 2019
4:20 PM