My husband and I changed our business from an S-Corp with W-2's this past year to two Schedule C business. Mine made money and his did not. We each contributed $7000 to our Roth IRA at the beginning of the year. We no longer have any w-2 income, only business income. Turbo Tax is not allowing me to make Roth IRA contributions under personal income and says we have up to $27,133 that we can contribute under a business Roth 401(k), sep, simple, etc. which we don't have set up other than the Roth IRA I've been using the past several years. What should I do?
