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March 16, 2025
Question

TurboTax is stating my Roth IRA contribution of $7k is an excess contribution because it was higher than my earned income. I earned in excess of 7k at my job. Any help?

  • March 16, 2025
  • 1 reply
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    1 reply

    KrisD15
    March 16, 2025

    Please clarify, Did you enter your income first?

    Did you make over the limit (Modified Adjusted Gross Income) for a full contribution?

    Were there any deductions from your earned income? 

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