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Retirement tax questions
Of course it's taxable income. The question was, does it count as "compensation" that would allow a person to make a contribution to a Roth IRA.
The answer is in black and white in IRS Publication 590A, table 1-1. Deferred compensation is not "compensation" for purposes of making IRA contributions.
‎August 2, 2021
2:39 PM
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