I entered $15000 for my Roth IRA contribution for 2023 by mistake. Turbo Tax is says I have a penalty for over contributing. I can't seem to correct the mistake. Turbo Tax says the the figure has been recorded. How can this be fixed? I need to fix this mistake before filing.
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Please go back to the IRA contribution section and edit your Roth IRA entry:
Please note if you made contributions to a work retirement plan then do not enter this as an IRA contribution.
Please see IRA contribution limits for additional information.
Is the desktop version the same? I tried your suggestion. There wasn't a jump to IRA option.
For TurboTax Desktop please use these steps:
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