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LIne 50 - "Did you have any open IRA accounts on 12/31/18". Does this mean do I still own an IRA?

Forum|Forum|7 years ago
June 3, 2019
2 replies
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I still have an IRA plus a Roth IRA. What should I enter on line 50?

TurboTax Basic Windows

Best answer by fanfare

for purposes of year end value of all your IRAs, do not include Roth IRAs.

Employee

for purposes of year end value of all your IRAs, do not include Roth IRAs.

Employee

TurboTax is asking about your Roth IRAs. Yes, answer Yes because you still had money in a Roth IRA on December 31.

Employee

No boxes on Line 50 of the IRA Information Worksheet are checked after completing (and double checking my answers) in the step by step interview. The answers are obviously "Yes" based on the information TurboTax gathers from the interview. Are users expected to go to the forms and check the appropriate boxes manually?