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New Member
posted Apr 6, 2025 3:35:01 AM

Can someone help? Receiving "Your Roth Contribution Was Too High". The MAGI number is too high and is not including 401 contribution in W2.

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1 Replies
Expert Alumni
Apr 6, 2025 3:55:37 AM

To clarify, you made direct Roth IRA contributions? Please do not enter contributions to a work retirement account in the IRA contribution interview.

 

Your Roth IRA contributions are limited by your MAGI. Please see  Worksheet 2-1. Modified Adjusted Gross Income for Roth IRA Purposes how this MAGI is calculated.

 

Please see What if I made an excess Roth IRA contribution for additional information.