1216693
You'll need to sign in or create an account to connect with an expert.
A Roth is NEVER deductible. Perhaps you misunderstood the message. Does it says you do not qualify to make the contribution?
Or that you do not qualify to deduct a Traditional IRA?
Thank you for pointing that out, SweetieJean! I guess I am just confused and can ignore this message from TT. I checked that I want to make a Roth IRA contribution and got the following message:
"Based on what you've entered you don't qualify for an IRA deduction."
It's confusing but I guess I will just proceed. Thanks again.
It sounds line you checked the Traditional IRA box and not the Roth box. I suggest that you not not proceed until you uncheck all boxes and continue to remove and delete what you have entered and the re-enter it.
Thank you, Macuser_22 -- I tried redoing it all, but I will try again!
If that does not clear it then there is probably an erroneous entry in the IRA Contribution Worksheet. Delete that form and re-enter the contribution.
Will do-- thank you macuser_22!!
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
stays
New Member
RamGoTax
New Member
RamGoTax
New Member
hollesenh
New Member
mormor
Returning Member