Thanks for your response, but it does not answer the question. Why does Turbotax not recognize k-1 income as earned income? I am self employed. In lieu of salary I take dividend payments for my hours worked. Yet this is NOT considered earned income? Your answer states "money earned by services I perform". I was paid for services performed via a k-1. Copied from the "learn more" link on the page telling me I cannot contribute; " You can make a partial Roth IRA contribution if your modified AGI falls within: - 118,000 to 133,000 for all other filing statuses (single)" That is where my income falls. Your answer also does not address the second part of my question regarding the later "advertising" that I may be able to contribute to an IRA if I start one via Mint.com. Why is Turbotax telling me on one screen that I cannot contribute, and on another telling me I might be able to? It seems Intuit, who owns Mint.com, is just trying to get my money to open an IRA when it has already told me I can't. To me this is not good salesmanship.
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This may be my last time using TurboTax. I am very frustrated. First call: 40 minutes on hold, describe the problem, then told she can't help me and will transfer me to an expert. Told phones are jammed and I will get a call back in 10 minutes. Received callback but there was no one there and I was disconnected. Called back again. Spent 10 minutes trying to navigate through the automated system, then was on hold for another 40 minutes. Again, described the problem and was told they could not help me but will transfer me to another expert. Told I would get a callback in 14 minutes. I did and described the problem, AGAIN. She tried to help me but could not and decided I needed a tax expert to solve the problem. Transferred again. This time Intuit want another $60 for me to talk to an expert. The problem? Enter an IRA contribution of $6000. Turbotax tells me my AGI of $128k does not fall between $118k-$133k to qualify. Also states my earned income is -0-. How can I have an AGI of $128k and an earned income of 0? Also, as I continued on I can across a page telling "you might be able to deduct $5500 with an IRA contribution" What the hey? On one page Turbotax tells me I can't make a contribution and on another page, most likely advertising to get more money from me when I open an IRA through Mint.com. they tell me I can. This seems to be a problem with Turbotax. And Intuit wants to charge ME to fix the problem? I think I've had it.
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