jebalim
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So I re-entered all my information from scratch to try to figure out what is going on.I think TT is adding the 6000$ withdrawal to my taxable income. ( I don't ...
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Thanks a lot for the hint.To properly tell TurboTax the basis of the IRA,should I include the excess contribution I made in 2020 ? or should I exclude that ?( I...
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Thanks a lot for the reply.I did follow these instructions but TT still taxes the 6000$ ( see attached screenshot. the 27337 is a Traditional IRA to Employer 40...
Activity Feed for jebalim
- Posted Re: Correcting a 2020 Excess IRA contribution in Turbo Tax 2022 on Retirement tax questions. March 12, 2023 3:41 PM
- Posted Re: Correcting a 2020 Excess IRA contribution in Turbo Tax 2022 on Retirement tax questions. March 12, 2023 1:52 PM
- Posted Re: Correcting a 2020 Excess IRA contribution in Turbo Tax 2022 on Retirement tax questions. March 12, 2023 9:09 AM
- Posted Correcting a 2020 Excess IRA contribution in Turbo Tax 2022 on Retirement tax questions. March 11, 2023 8:09 PM