Roth IRA contribution data entry
To enter Roth IRA contributions or have the tax application calculate the maximum contribution, do 1 of the following on the
IRA
screen in the Retirement
folder. - Mark theHave program compute maximum Roth IRA contributionfield.
- Enter the taxpayer's contribution amount in theTotal Roth IRA contributionfield.
If both fields are both completed, the tax application ignores the data entered in the
Total Roth IRA contribution
field and calculates the maximum allowable Roth IRA contribution.note
The calculation for the allowable contribution displays on the Roth IRA Contribution Worksheet. To view this worksheet, go to
Forms
and select the IRA Worksheets
tab.
