DavidD66
Expert Alumni

Retirement tax questions

For your elective deferral you can contribute up to 100% of your net income from self-employment, which is Schedule C profit less one half of self-employment tax.  It shouldn't make a difference whether you are making a Roth contribution or a tax deductible contribution, so I can't explain why the program is telling you that one is an over contribution if the other is not.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"