Retirement tax questions

No but it will increase your AGI

Both your earned income and Adjusted Gross Income (AGI) may not exceed:
* $15,010 if you're not claiming a qualifying child ($20,600 if filing jointly);
* $39,617 if you're claiming 1 child ($45,207 if filing jointly);
* $45,007 if you're claiming 2 children ($50,597 if filing jointly);
* $48,340 if you're claiming 3+ children ($53,930 if filing jointly).