Hi Colleen,
Thank you for your response! We are married filing jointly and the amount of income we reported in Box 1 for Wages is $198,103. My wife is 56, volunteers, and doesn't earn any income. I / we contributed $6500 to her Roth IRA for 2019 and contributed $1000 to her Traditional IRA, so the way I figure it, we over-contributed $500 to her retirement accounts. I did not contribute to my Trad IRA and don't have a Roth IRA. I believe the problem started when I was asked to declare the total value of the account (as of 12/31/19), and the value was $15,867. TurboTax then calculated that we / she over-contributed by $4600 - how can that be? Can you please help with this? Thanks ~John
