2549000
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For the tax year 2021, if you are age 50 or older as of the last day of the tax year, then your contribution limit is up to $7000 instead of $6000 for IRA contributions, assuming other qualifications such as income limits have been met.
Try deleting your contribution and entering the information again to see if anything changes.
If you do meet the age qualification and you are working on a 2021 tax return, please respond back if the error message persists.
Deleted the $7000 contribution and saved and exited Turbo Tax.
Signed back into Turbo Tax and re-entered the $7000 for a Roth 401k contribution.
Still get the error as something I need to review.
Also check your Date of Birth in the Personal Info section.
Your question says Roth IRA, but your screenshot post shows Roth 401(k). Please clarify.
it is correct...1954
That is the only choice Turbo Tax gave me as I am self employed...is there a difference?
I found my mistake...there was a $7000 entry for a Roth 401k...thanks!!
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