Can I model different Roth IRA conversion scenarios in TurboTax online?

Forum|Forum|1 year ago
December 10, 2024
6 replies
56 views

If someone knows a convenient way of doing that, please let me know. Or is that something that's only possible if I download the software? Many thanks.

VolvoGirl

Level 15

The Desktop program would be best. For Online you can make another account to test in. You don’t have to pay for it unless you want to print it out.

psychopengyAuthor

Level 2

Thank you for your answer. Do I have to create a different account for each different Roth conversion I want to model? If so, could I import my information into each account, or would I have to start from the beginning each time? And is the desktop version downloadable or do I have to purchase a disk?

VolvoGirl

Level 15

For Online you could use 1 account but it only saves the last one. What info would you import?

The Desktop program is only sold as a download. It can do unlimited returns so you can do test returns. You can save a return with another name to test in. It also has a What-If worksheet and you can enter directly into the forms. And many other features and advantages over the Online version.

You can buy the Desktop CD/Download program here,

https://turbotax.intuit.com/personal-taxes/cd-download/

2024 Desktop System Requirements

TurboTax® Desktop 2023-2024 System Requirements