I've completed my taxes except for the K-1 we'll be receiving. My wife retired last year (1 person business) and this will be the last K-1 we'll be receiving (ie, she is no longer a partner in the LLC.) I'm getting a tale of woe about when the K-1 will be available. I'd very much like to send in the Keogh contribution based on her regular income so we can roll it into a regular IRA and have more flexibility with it. I looked at last year's taxes and the income from the K-1 doesn't seem to enter into the maximum Keogh contribution calculation. But I'd like to make sure. So my question is: Does the income from a K-1 affect the maximum Keogh contribution from her regular income?
