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Contribution to retirement plan for american expats
I am u.s citizen employed abroad by a non american company. I had taxable income of $300k last year after utilising the Foreign earned income exclusion and housing exclusion.
I also am a self employed free lancer doing a different activity having my own company. My company only makes $20k per year in income.
Can i set up a sep IRA and contribute the max of $66k?
Can i use my combined income as an employee and self employment?
‎July 11, 2024
5:14 AM