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Level 3
posted May 12, 2025 6:07:35 AM

How do I report excess contributions to a Roth IRA in the TurboTax web portal?

I've started an amended return but I can't find any way to report excess contributions in the web portal. Can someone point me to it? Thank you.

0 2 7044
2 Replies
Level 15
May 12, 2025 6:22:07 AM

Go to the IRA section of TurboTax.

TurboTax now ask more questions about your actions including questions about excess contributions.

 

@neutron450 

Level 15
May 12, 2025 3:49:18 PM

There's no way to report "excess" contributions specifically.  Go to the IRA interview on the Deductions and Credits page, and answer the questions about what kind of IRA contributions you made and how much.  If they are excess for your situation, Turbotax will recognize that fact and give you your options for handling the problem.