Archived Thread

NFT: Turbotax Roth Ira question

DC Gmen Fan : 3/13/2018 4:40 pm

Doing my taxes on turbotax and trying to figure out if there's a way to see if I'm eligible, and if so, how much I can contribute to a Roth IRA for 2017. Anyone have any hints? The help menu wasn't too much help.

Max you can contribute is $5500

BigBlueDownTheShore : 3/13/2018 5:05 pm : link

you don't get it as a deduction though.

Don�t know about Turbotax

Jim in Fairfax : 3/13/2018 5:07 pm : link

But here�s the IRS�s info.
Roth - ( New Window )

RE: Max you can contribute is $5500

DC Gmen Fan : 3/13/2018 5:07 pm : link

In comment 13862759 BigBlueDownTheShore said:

Quote:

you don't get it as a deduction though.

If you exceed the income limit filing jointly, is there a graduated step down though? That's what I was trying to find without having to go to irs tables and do interpolation