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Investing
Maybe. ROTH yes. Traditional looks like a no.
The IRS says in ROTH contributions: You can contribute to a Roth IRA if you have taxable compensation and your modified adjusted gross income is within certain limitations
The IRS says in Traditional contributions: To contribute to a traditional IRA, you, and/or your spouse if you file a joint return, must have taxable compensation, such as wages, salaries, commissions, tips, bonuses, or net income from self-employment. Compensation for purposes of contributing to an IRA doesn't include earnings and profits from property, such as rental income, interest and dividend income, or any amount received as pension or annuity income, or as deferred compensation
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March 29, 2024
12:34 PM