You would need to compute that, the program does not offer it. There is a section where TurboTax can help with Traditional IRA contributions (Other Tax Situations) , but not Roth IRA contributions.
According to the IRS:
MAGI for Roth IRA contributions
Take your AGI and:
- Add traditional IRA deductions - Schedule 1 (Form 1040), line 20
- Subtract income from converting an IRA (other than a Roth IRA) to a Roth IRA - Form 1040 or 1040-SR, line 4b
- Subtract rollovers from a qualified retirement plan to a Roth IRA - Form 1040 or 1040-SR, line 5b)
For 2024, you can contribute to a Roth IRA if you have taxable compensation and MAGI less than the annual income amount for your filing status:
- Married filing jointly - $240,000
- Married filing separately - $10,000
- All others - $161,000
If your Roth calculated MAGI is more than the annual income amount for your filing status:
You can refigure your AGI for these other income and losses that depend on your AGI for Roth IRA contributions:
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