I opened a traditional IRA in 2019 for $6,000 and converted the funds to a Roth IRA within the same week. I used aftertax funds to contribute to the traditional IRA. Turbotax is telling me I have made an excess contribution to my Roth IRA and I will be penalized. My understanding is that there is no income limit on the Roth IRA conversion in the scenario above. If this is the case, why is Turbotax telling me I have made excess contributions? Thanks
