You must have US taxable income to contribute to an IRA. If your taxable US income is less than the amount you contributed to the IRA, there will be a penalty for an excess contribution.
For 2023, the total contributions you make each year to all of your traditional IRAs and Roth IRAs can't be more than:
- $6,500 ($7,500 if you're age 50 or older), or
- If less, your taxable compensation for the year
