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New Member

Roth ira contribution for 2018

I received a lump sum payment from my former employer after my medical retirement due to service with the company of more than 10 years. I am entering portions of it into Roth IRA accounts for 2018 and 2019. Do I need to enter these account deposits anywhere in Turbotax for 2018?

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New Member

Roth ira contribution for 2018

Yes, here's the information for entering your IRA contribution. While Roth contributions are not deductible, it is wise to track your contribution basis in your Roth IRAs. The program will keep track of that year over year.

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