Retirement tax questions

You have to have earned income to o an IRA, so it can;t be retirement income.

So if your wife has at least $714 of earned income and is below 70 1/2 years old.

See this link for more detail on the income limitations.  https://www.irs.gov/retirement-plans/plan-participant-employee/2018-ira-contribution-and-deduction-l...


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