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When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

 
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DanaB27
Employee Tax Expert

When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

Yes, you must also enter the contribution in the first field on the "Tell Us How Much You Contributed" screen next to "Total 2024 traditional IRA contribution"

 

TurboTax is asking the between 1/1 and 4/15  information for Form 8606 line 4 but it doesn't apply in your situation.

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5 Replies
DanaB27
Employee Tax Expert

When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

To clarify, are you trying to enter a backdoor Roth or just a regular deductible traditional IRA contribution?

 

 

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When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

Not a 'Backdoor Roth'

 

When I enter $8000 into the IRA contribution data window it reduces the tax obligation by an expected sum, however, when the $8000 is entered into the data field for 1/1 to 4/15 the system states that "not eligible."

 

Perhaps it needs to be entered in both places?  Perhaps it's a technical error?  If I had an emoji to use, I would use a shrugging yellow character wearing a blue sweater....

When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

Works ok for me on Windows Desktop program even if I put the 8,000 in the second box or nothing or zero.   Are you using the Online version?  

When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

Well it turns out that through the use of our dialogue in the forum I was able to determine that entering $8000 in both data fields achieved the result of the appropriate deduction.  

 

The question is why do I need to tell Intuit that I am contributing between 1/1 and 4/15?  If that data is important, perhaps the technical support team should make the appropriate adjustments to clarify the required data inputs for customers, so that deduction is calculated if the customer is qualified.

 

No offense VolvoGirl, but the idea of a desktop version is so 2023...  If I had an emoji to use, it would be a smiling salute.

DanaB27
Employee Tax Expert

When I add my $8000 IRA contribution the system allows for the appropriate deduct to tax obligation. However when the box the state 1/1 to 4/15 is used TT denies. Glitch

Yes, you must also enter the contribution in the first field on the "Tell Us How Much You Contributed" screen next to "Total 2024 traditional IRA contribution"

 

TurboTax is asking the between 1/1 and 4/15  information for Form 8606 line 4 but it doesn't apply in your situation.

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