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March 12, 2020
Question

I only contributed $2K to my Roth IRA; Turbo Tax says that my income is too high to contribute, and specifically says I am over the 10K limit. Any thoughts on how to fix?

  • March 12, 2020
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1 reply

March 12, 2020

If you filed as Married filing Separately and you lived with your spouse at any time during the year, you are not eligible to contribute to a Roth IRA if your MAGI is over $10,000.

 

Please read this IRS document for more information.

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