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Do I include all my IRA contributions from the opening of my account when it asks "What were your total ROTH IRA contributions before 2025?

 
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Opus 17
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I include all my IRA contributions from the opening of my account when it asks "What were your total ROTH IRA contributions before 2025?

Enter all your Roth IRA contributions before Jan 1 2025.  Turbotax uses this information to determine if a withdrawal will be taxable.  Do not enter contributions to a traditional IRA, whether they are deductible or nondeductible.  Do not include contributions to a Roth 401k or 403b plan because workplace plans are not IRAs. 

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1 Reply
Opus 17
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I include all my IRA contributions from the opening of my account when it asks "What were your total ROTH IRA contributions before 2025?

Enter all your Roth IRA contributions before Jan 1 2025.  Turbotax uses this information to determine if a withdrawal will be taxable.  Do not enter contributions to a traditional IRA, whether they are deductible or nondeductible.  Do not include contributions to a Roth 401k or 403b plan because workplace plans are not IRAs. 

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