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April 6, 2025
Question

Can someone help? Receiving "Your Roth Contribution Was Too High". The MAGI number is too high and is not including 401 contribution in W2.

  • April 6, 2025
  • 1 reply
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    1 reply

    April 6, 2025

    To clarify, you made direct Roth IRA contributions? Please do not enter contributions to a work retirement account in the IRA contribution interview.

     

    Your Roth IRA contributions are limited by your MAGI. Please see  Worksheet 2-1. Modified Adjusted Gross Income for Roth IRA Purposes how this MAGI is calculated.

     

    Please see What if I made an excess Roth IRA contribution for additional information.

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