Yes, the overall net income from business services (one or more) is used to calculate the allowed Roth IRA contributions.
Here is a quick chart from the IRS: Roth IRA Contributions you can make for 2024
- Maximum contribution is $7,000 ($8,000 if over 50 years of age), or earned income whichever is less
@cpnyc
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
