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Retirement tax questions
In the first place a ROTH is not deductible. And if you do a rollover it is not a deduction and make be taxable if you roll over or convert a Traditional IRA to a ROTH IRA.
Then any deductible IRA contributions will reduce your income and save you on regular income tax BUT will not reduce the self employment tax on the schedule C Net Profit. Sorry.
‎June 1, 2019
8:54 AM