Roth IRA Contribution Limit

[user17737740755]

Turbotax says I have an excess Roth IRA contribution, but it is not taking into account my pre-tax contributions to my Simple IRA. My W2 shows Code S and an amount in Box 12. My understanding is that the Roth limit is based on the gross earned income not the net after Simple contributions. Is this correct? If so, how do I get TurboTax to include the pre-tax Simple IRA contributions in the maximum allowable Roth IRA contribution calculation?

[dmertz · Accepted solution]

"My understanding is that the Roth limit is based on the gross earned income not the net after Simple contributions."

That's incorrect.  Your supporting compensation is the amount in box 1 of your W-2.