TaxPandaCPA
Level 4
04-01-2024
10:42 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
ENTERED CLIENTS' ROTH Contribution today in Adjust to income $5,000 the summary sheet shows $200.THERE IS AN ISSUE WITH ROTH IRA CONTRIBUTION AND SUMMARY SHEET
Hope it helps. Thank you in advance for marking mine as your "BEST answer"!
Best Answer Click here
1 Best Answer
Accepted Solutions
sjrcpa
Level 15
04-02-2024
01:17 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Only post once.
And check the rules and limits before you accuse the software.
The more I know the more I don’t know.
5 Comments 5
qbteachmt
Level 15
04-02-2024
10:29 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
A Roth contribution doesn't adjust income.
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers
sjrcpa
Level 15
04-02-2024
01:17 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Only post once.
And check the rules and limits before you accuse the software.
The more I know the more I don’t know.
TaxPandaCPA
Level 4
04-02-2024
01:23 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
k
Hope it helps. Thank you in advance for marking mine as your "BEST answer"!
dkh
Level 15
04-02-2024
01:28 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is the $200 the Retirement Savings Contribution Credit - F8880 ???
TaxPandaCPA
Level 4
04-02-2024
01:37 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
no its the actually the amount contributed
Hope it helps. Thank you in advance for marking mine as your "BEST answer"!