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April 4, 2024
Question

IRA contributions worksheet line 7, I dont have IRA

  • April 4, 2024
  • 1 reply
  • 0 views
the last question will not let me file taxes unless i fill in line 7 IRA contributions worksheet. I dont have an IRA. Only have 401k and Roth IRA. how do i get around this?

1 reply

April 8, 2024

It seems like you entered that you had an excess traditional IRA contribution in prior years, please review your entries in the IRA contribution section:

 

  1. Click on "Search" on the top right and type “IRA contributions” 
  2. Click on “Jump to IRA contributions"
  3. Select “traditional IRA
  4. Continue until the "Enter Excess Amount" screen and review the entry
  5. If you had an excess contribution in prior years then continue to the "How much Excess to 2023" screen and apply the excess to 2023 (this will carry over the line 7 of the IRA contribution worksheet).

 

Please see Excess Contributions for additional information.

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