If i have "earned" income of $12,000 but no ($-0-) "taxable" income can i contribute to a roth ira?

And I am single tax payer.

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Yes. Contributions to an IRA are determined by earned income, not taxable income.

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Yes. Contributions to an IRA are determined by earned income, not taxable income.

Coleen, Thank you very much and I hope you have a great and smooth tax season!!!

My pleasure. Thanks.

Except that income excluded under the Foreign Earned Income Exclusion does not support an IRA contribution.

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