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Get your taxes done using TurboTax
You can contribute to a Roth IRA without filling a tax return. For example, W-2 income below the filing threshold already has tax taken out so the IRS has its tax. But in the case of self employment income the IRS depends on the tax payer to pay those taxes. That’s why the lower threshold for filing a return in that circumstance.
January 20, 2025
6:12 PM