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Get your taxes done using TurboTax
Couple things.....Can you or him make any Traditional IRA contributions? It sounds like your income will be self employment income. You need to file a schedule C for it and pay self employment tax on it. Do you have any expenses you can write off for it? Maybe you can put most of your self employment income into a IRA or SEP IRA or a retirement plan.
‎June 4, 2019
9:29 PM