EllaQCPA
Level 3
‎04-01-2024 11:02 PM

I entered $5,000 ROTH IRA contribution for the spouse. The output shows $200 ROTH IRA contribution for the spouse !!!!

 

There is a BIG BUG! IMAGE attached below see for your self

 

image.png

CPA Master of Accounting
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PhoebeRoberts
Level 11
Level 11
‎04-02-2024 09:34 AM

You have both a worksheet and a diagnostic showing that their income is high enough their ability to make Roth contributions is phased out. You should advise them to correct their excess Roth contributions prior to 4/15.

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