Retirement tax questions

AND...generally, you cannot contribute to an IRA or Roth IRA unless you have working income for the year.  Investment income like interest, dividends, capital gains and your Unemployment doesn't count.

 

Sometimes a nonworking spouse can contribute if the other spouse has working income, but not if you are single.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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