ldole1256
Returning Member

Does income from exercised non statutory stock options reported on W2 count as earned income so I can contribute to my IRA? I'm retired & not contributing to a 401K plan.

My goal is to reduce taxes for 2015 by making a deductible IRA contribution. I don't have a job in retirement so the question is really whether the option income counts as "earned" allowing me to make the contribution and take the deduction.