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New Member
posted Jan 24, 2023 6:18:04 PM

TurboTax 2022 has no section to add Roth IRA contribution. TT is supposed to calculate MAGI, and figure out contribution limit, but is not. How do I do this?

Federal "Deduction and Credits" has no retirement section, and TT did not ask for my contributions in the current tax year.

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1 Replies
Expert Alumni
Jan 24, 2023 6:55:47 PM

Yes, there is a way. On the left hand menu of TurboTax Online go to Federal then Credits and Deductions. Go to "Retirement and Investments", select Roth IRA. This was also started in the free edition. It is Imaged below. 

We can even keep track of your basis if you elect to do so.

 

 

@brandon37