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January 30, 2025
Question

Bug--Turbo Tax Deluxe Roth Contribution

  • January 30, 2025
  • 1 reply
  • 0 views

Is there a bug in Turbo Tax Deluxe for Roth Contributions?

I have earned income  that matches my Roth Contribution. Turbo Tax is telling me I contribute too much.

    1 reply

    February 5, 2025

    Please be aware that Roth IRA contributions may be limited based on your filing status and income. Please see 2024 - Amount of Roth IRA Contributions You Can Make for 2024 for details.

     

    Please see What happens if I made an excess Roth IRA contribution because my modified adjusted gross income is too high? for additional information.

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