Question

ITS ASKING ME FOR IRA ROTH CONTRIBUTION, EVEN IF I PAID ALREADY TAXES ON IT

Forum|Forum|6 years ago
March 20, 2020
2 replies
0 views

No text available

TurboTax Live Basic Online

The program asks for information about your Roth IRA contribution to make sure that you qualify to contribute to the Roth IRA. If your income is too high, you may not qualify to contribute to a Roth IRA and may needs to remove any excess contributions so you do not incur a penalty for the over contribution.

Amount of Roth IRA Contributions That You Can Make For 2019

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

D

DianeC958

The program asks for information about your Roth IRA contribution to make sure that you qualify to contribute to the Roth IRA. If your income is too high, you may not qualify to contribute to a Roth IRA and may needs to remove any excess contributions so you do not incur a penalty for the over contribution.

Amount of Roth IRA Contributions That You Can Make For 2019

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"