Eligibility and the amounts you can contribute to a Solo 401(k) and a traditional IRA are calculated/determined separately. If you have earned income of at least $7,000 you can contribute that amount to a Traditional IRA ($6,000 annual limit for 2022 + $1,000 catch-up if over 50). If you are self-employed sole proprietor, and your business did not have any earned income, neither you nor the business can contribute to your solo 401(k).
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