I was flagged on my 2018 return for modified adjusted gross income being over the limit for contributing to a Roth IRA. Long-term capital gains pushed my "income" over the limit. But is long-term capital gains considered "income" for this purpose?
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Yes, everything in the AGI excerpt IRA to Roth conversions is counted plus more.
https://www.irs.gov/publications/p590a#en_US_2018_publink100025085
Yes, everything in the AGI excerpt IRA to Roth conversions is counted plus more.
https://www.irs.gov/publications/p590a#en_US_2018_publink100025085
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