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May 12, 2025
Question

How do I report excess contributions to a Roth IRA in the TurboTax web portal?

  • May 12, 2025
  • 2 replies
  • 0 views
I've started an amended return but I can't find any way to report excess contributions in the web portal. Can someone point me to it? Thank you.

    2 replies

    fanfare
    May 12, 2025

    Go to the IRA section of TurboTax.

    TurboTax now ask more questions about your actions including questions about excess contributions.

     

    @neutron450 

    May 12, 2025

    There's no way to report "excess" contributions specifically.  Go to the IRA interview on the Deductions and Credits page, and answer the questions about what kind of IRA contributions you made and how much.  If they are excess for your situation, Turbotax will recognize that fact and give you your options for handling the problem.