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Get your taxes done using TurboTax
For the trustee fee to be considered to be compensation, it must be reported as income from self-employment. You must have done this in 2022 and 2023 TurboTax but apparently not in 2024 TurboTax. Your compensation that will support an IRA contribution will then be the net profit on Schedule C minus the deductible portion of self-employment taxes.
6 hours ago