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Why is TT auto populating IRA amounts from 2018?

When I get to the page in TT that says "CREDIT FOR RETIREMENT SAVINGS CONTRIBUTIONS" it automatically had a dollar amount in the "2018 Roth IRA, Traditional IRA, and Qualified Plan Distributions" box. Why is it doing this? Is it taking information from my past filings? Should I change it to 0.00? I don't recall receiving any distributions in 2018. I no longer have the 2018 TT software since it was on an old computer.

 

I have no clue what to do about this. I assume it was auto populated for a reason though, but not sure from what or why? Please help if you can.

 

Thank you!

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2 Replies

Why is TT auto populating IRA amounts from 2018?

Line 4 of the 8880 (Savers credit) requires any distribution amount after 2017.    TurboTax keeps track of that and auto enters it.       Look at your 2018 1040 line 4 for your IRA distributions.

 

https://www.irs.gov/pub/irs-pdf/f8880.pdf

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Why is TT auto populating IRA amounts from 2018?

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