Value Roth IRA

[Momof3_5]

Turbo tax is asking me to enter the value of my Roth as of 12/31/24 and include any contributions made in 2025 that were for 2024.

Do I simply add the 2024 contribution amount made in 2025 to the account value as of 12/31/24?  When I did this, the sum is actually more than the current account value due to fluctuations from the investments within it.

wasn’t sure if I do simple addition to obtain this value or if I state the account value as of 4/2025.

[AnnetteB6]

You should just do the simple math and add the contributions to the year-end value instead of reporting the current value as of the time you are doing your return.