Solved: Do both long-term and short-term capital gains count toward the income limit for being able to contribute to a Roth IRA?

Do both long-term and short-term capital gains count toward the income limit for being able to contribute to a Roth IRA?

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?

posted

Yes, everything in the AGI excerpt IRA to Roth conversions is counted plus more.

https://www.irs.gov/publications/p590a#en_US_2018_publink100025085

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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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

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**