Have you noticed 2024 IRA contrib. limit hasn't been increased? Was taxed $60 on my 8K (over 50) tIRA contribution prior to Roth conversion. Tried 7,500 - no tax!
Have you noticed 2024 IRA contrib. limit hasn't been increased? Was taxed $60 on my 8K (over 50) tIRA contribution prior to Roth conversion. Tried 7,500 - no tax!
To clarify, are you getting an excess contribution notification or a notification that your income is to high to deduct the traditional IRA contribution?
I cannot recreate the issue, are you using TurboTax Download or TurboTax Online?
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