Your business income is considered as earned income and would make you eligible for a Roth IRA contribution.
The amount you can contribute if you are not limited by your MAGI is equal to your net business income less the deductible part of your self-employment tax (limited to $6,000 + a catch-up of $1,000 if you are over 50).
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
