turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

RothConversionHell
Returning Member

Excess Traditional IRA Contribution

Resolved. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Excess Traditional IRA Contribution

You contributed more than $7000, or more than $8000 if over age 50?  Remember, that you can always contribute up to that amount to a traditional IRA, even if you can't deduct it.  It would only be excess if it was more than $7000 or $8000, and the IRA custodian should not even allow it.  So I have a question about that before proceeding. 

RothConversionHell
Returning Member

Excess Traditional IRA Contribution

Upon further review, no excess contribution was made. No further response needed. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question