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Can I contribute to an IRA if I pay self-employment tax but not income tax?
I live overseas and generally don't have to pay income tax due to the Foreign Earned Income Exclusion. However, this year I will be filing as a self-employed person and paying the self employed tax. Can I contribute to an IRA? Previously I could not because all my income was excluded and I was not paying taxes, so I am wondering if my situation changes now.
‎August 30, 2023
4:53 PM