I do not have any IRAs. My wife has an old IRA that was rolled over a couple of years ago. When we get to the section titled "Traditional IRA and Roth IRA, it asks the question "Select the kind of IRA(s) you own or will contribute to for 2023." We didn't contribute to one in 2023, but my wife did own one going into 2023. I selected Traditional IRA. At the end of the section, after entering $0 was contributed to an IRA, the Smart Check says "IRA Contributions Worksheet Line 7 - Taxpayer's excess traditional IRA contribution should be equal to $165.00, the traditional IRA contribution credit from Form 5329, Part III." Why is it thinking we have an excess when we contributed $0 in 2023 to an IRA?
Thank you,
Magoo74