Solved: I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

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With regard to your Forms W-2, the IRS considers your eligible compensation to support an IRA contribution to be the amount in box 1 minus any amount in box 11.

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With regard to your Forms W-2, the IRS considers your eligible compensation to support an IRA contribution to be the amount in box 1 minus any amount in box 11.

In 2022 I used the TurboTax download to prepare my tax return and that was the first year I had Qualified Charitable Contribution (QCD) as part of my IRA RMD. I got an IRS Notice: CP2000 about that return stating that "We couldn't identify the retire...

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I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

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I am retired &amp; work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

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I am retired &amp; work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

I am retired &amp; work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

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I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3

I am retired & work only 4 hours each week. When making my IRA contribution is it based on the total of W-2 box #1 or W-2 box #3