MAGI for Determining Roth IRA Contribution Limit

DaveT
DaveT Member Posts: 16 Level 3
in Filing my taxes

Is there a viewable worksheet in FreeTaxUSA that shows me how MAGI was determined for Roth Contribution limits? IRS Pub 590 includes Worksheet 2-1 "Modified Adjusted Gross Income for Roth IRA Purposes". I'm trying to determine whether a in-plan connversion from a Tradional 401K to a Roth 401K gets subtracted.

· Share on Twitter

Answers

  • KeriC
    KeriC FreeTaxUSA Agent Posts: 138

    DaveT,

     Unfortunately, FreeTaxUSA does not provide a viewable worksheet showing the calculation of your MAGI for Roth contribution limits. You are welcome to manually fill out Worksheet 2-1 and if you aren't able to get the figures to match what your MAGI has been calculated by the software, you are welcome to reach out to our Support team from within your account where they can assist you.

    · Share on Twitter
  • DaveT
    DaveT Member Posts: 16 Level 3

    How can I see the MAGI that has been calculated by the software for Roth contribution purposes?

    · Share on Twitter
  • DaveT
    DaveT Member Posts: 16 Level 3
    https://community.freetaxusa.com/discussion/comment/4395#Comment_4395

    How can I see the MAGI the was calculated for Roth IRA contribution purposes?

    · Share on Twitter
  • KeriC
    KeriC FreeTaxUSA Agent Posts: 138

    @DaveT Your best option is to contact Support from within your account and they can help you determine how it was calculated. They will be able to see all of your tax information that we aren't privy to here on the Community.

    · Share on Twitter

Categories