T12
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Sorry for the confusion. I thought traditional IRA and Roth IRA have the same income limit. Because the traditional IRA contribution was made nondeductable and ...
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Thanks dmertz for the answer. The traditional IRA contribution was reported on form 8606 as nondeductable IRA. The modified AGI was within the income limit for ...
Activity Feed for T12
- Posted I don't have any mortgage interest adjustment on my CA return, but I get error message that "total adjusted CA interest can't be greater than the total interest". on State tax filing. June 3, 2019 12:55 PM
- Posted Thank you! on Retirement tax questions. June 3, 2019 12:53 PM
- Posted Sorry for the confusion. I thought traditional IRA and Ro... on Retirement tax questions. June 3, 2019 12:53 PM
- Posted Thanks dmertz for the answer. The traditional IRA contrib... on Retirement tax questions. June 3, 2019 12:53 PM
- Posted I made Traditional IRA & Roth IRA contributions in 2016. I exceeded income limits for that year. Both values become basis carryover as of 12/31/2018. What should I do? on Retirement tax questions. June 3, 2019 12:53 PM