topic Should I add my self directed Roth IRA contributions to my 401(k) Roth IRA contributions when I report my total Roth IRA contributions in Turbo Tax? in Retirement tax questions

Should I add my self directed Roth IRA contributions to my 401(k) Roth IRA contributions when I report my total Roth IRA contributions in Turbo Tax?

spudship — Tue, 10 Feb 2026 10:50:08 GMT

This question pertains to the section of Turbo Tax in the Deductions and Credits section where it asks me to enter my total Roth IRA contributions for 2023. My401(k) is a Qualified Retirement Program, and I am not sure whether the Roth money in my 401(k) should be added to my total Roth IRA contributions for 2023.

Re: Should I add my self directed Roth IRA contributions to my 401(k) Roth IRA contributions when I report my total Roth IRA contributions in Turbo Tax?

dmertz — Sat, 24 Feb 2024 22:45:48 GMT

A 401(k) is not an IRA. When TurboTax asks for your year-end balance in your Roth IRAs, enter only the amount in Roth IRAs and do not include any amount that is in the designated Roth account of your 401(k).