RE: "SIMPLE Roth IRA Plan" contributions. TurboTax is asking "how much of my retirement contributions went to a "SIMPLE Roth IRA" plan. The IRS says Roths cant be SIMPLE?

manuelsanchez · ‎March 2, 2024

I know my retirement plan has always been referred to as a "SIMPLE Plan" but TurboTax for 2023 is adding in their section "SIMPLE Roth IRA" plan, which the IRS seems to indicate that Roth IRA's can NOT be a SIMPLE Plan. I'm not sure how to answer this TurboTax prompt.

https://www.irs.gov/retirement-plans/plan-sponsor/simple-ira-plan

DaveF1006 · ‎March 5, 2024

To clarify, what section of your return are you working on that asks this question?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

RE: "SIMPLE Roth IRA Plan" contributions. TurboTax is asking "how much of my retirement contributions went to a "SIMPLE Roth IRA" plan. The IRS says Roths cant be SIMPLE?