- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
In that case, I pay $5000 tax upfront, and get taxed again for the $25,000 when the actual contribution to Roth IRA is $20,000?
What's the point of paying the tax upfront then?
Isn't it more wise for me to wait until the tax filing?
‎August 26, 2020
7:51 PM