Why is TurboTax computing the Roth IRA contribution limits using Publication 590-A Worksheet 1-1? It should be using Worksheet 2-1 which subtracts Roth Conversion.
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Why is TurboTax computing the Roth IRA contribution limits using Publication 590-A Worksheet 1-1? It should be using Worksheet 2-1 which subtracts Roth Conversion.
Publication 590-A Worksheet 1-1 is for traditional IRA MAGI. Worksheet 2-1 is for Roth IRA contribution MAGI. In worksheet 2-1 any Roth Conversions are substracted in line 2 from the AGI.
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