Can I enter the correct numbers on the Roth IRA Carryover worksheet when prior year's worksheets were incorrect?

[johnsonsoftware]

In 2007 we made no contributions and TurboTax zeroed the basis and carried only   prior conversions. In 2009 we made contributions, which went directly into the basis. Will I need to amend all those past returns, or just correct in manually this year?

[macuser_22 · Accepted solution]

Nothing about Roth contributions go on a tax return at all.    Enter a Roth contribution as below.   Even if you did not have a 2017 Roth contribution, enter it anyway.  Say yes that yiu had a 2017 contribution, the  enter the amount or leave it blank if no contribution.  Say yes that you track contribution until the prior year contributions box comes up.  Enter the correct amount and click through to the end of the interview.

Enter IRA contributions here:
Federal Taxes,
Deductions & Credits,
I’ll choose what I work on (if that screen comes up),
Retirement & Investments,
Traditional & Roth IRA contribution.

OR Use the "Tools" menu (if online version under My Account) and then "Search Topics" for "ira contributions" which will take you to the same place.

A Roth IRA contribution does not actually go on a tax return, but you should enter it anyway to:

1) Tell you if your income qualifies you for a contribution and warn you if it does not.
2) Check if your income exceeds the limit to contribute to a Roth.
3) Track your contribution year-to-year if you use TurboTax every year.
4) Add the Retirement Savers Credit if you qualify.