Backdoor Roth IRA conversion entered caused an error.

Forum|Forum|3 years ago
March 8, 2023
1 reply
33 views

I used backdoor Roth IRA conversion for myself and my spouse.
Followed all TurboTax instructions for CD version.
At the review stage I got the error:

IRA Contribution Worksheet: Line 15 - Amount of spouse's IRA contribution elected to make nondeductible should not be more that $(amount less than what my spouse contributed).

How to get past this step?

TurboTax Online

Best answer by DanaB27

It seems that part of the contribution was automatically nondeductible because of the IRA deduction limits. Please check the “Choose Not to Deduct IRA Contributions” screen it should state the amount that is still deductible. This is the amount you enter to make nondeductible (not the total contribution amount since part of the contribution is already automatically nondeductible).

DanaB27Answer

Level 15

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go_biAuthor

Level 2

Thank you very much for the explanation!
Most likely that's exactly the case. I can see on the forms the following:

I just think the last line should be "Amount on line 12 you elect..." and I should enter 5730 there, please confirm.

DanaB27

Level 15

Yes, you would enter $5,730 since $1,270 are already automatically made nondeductible by the IRA deduction limit. This will result that the full $7,000 will be nondeductible and entered on Form 8606.

@go_bi

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