Solved: Do gambling winnings qualify for income for IRA contributions?

Do gambling winnings qualify for income for IRA contributions?

posted

No. Gambling winnings are not earned income unless you are a professional gambler and reporting your income and expenses on a Schedule C.

No. Gambling winnings are not earned income unless you are a professional gambler and reporting your income and expenses on a Schedule C.

Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.

Do gambling winnings qualify for income for IRA contributions?