Solved
Why does TurboTax tell me a different, lower amount for my earned income as compared to my taxable income?
My ROTH IRA contribution is above the stated earned income, but below the stated taxable income.
Earned income is only from wages on W2 (1040 line 1) or a Net Profit on Schedule C for self employment income.
For an IRA contribution. If you only have self-employment income you can only contribute up to your net profit reduced by the deduction allowed for one-half of your self-employment taxes then only up to the max IRA limit.
See IRS publication 590 http://www.irs.gov/pub/irs-pdf/p590a.pdf
So check 1040 Schedule 1 line 15. You have to deduct that amount from your Schedule C Net Profit. That will give you the allowed contribution for self employment & 1099NEC income.
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