I am taking RMD's from my IRA accounts currently and want to know if I can contribute to my ROTH IRA from non-qualified accounts

[twalsh]

Have not been able to contribute to my Roth IRA because of income limits which have now dropped and want to be sure that I can make a contribution now to my Roth IRA

[DanaB · Accepted solution]

Yes, you can contribute to a Roth IRA if you have if your income limits are below the threshold and you have taxable compensation.

For 2019, your total contributions to all of your traditional and Roth IRAs cannot be more than:

• $6,000 ($7,000 if you’re age 50 or older), or
• your taxable compensation for the year, if your compensation was less than this dollar limit.

For 2018, your total contributions to all of your traditional and Roth IRAs cannot be more than:

• $5,500 ($6,500 if you’re age 50 or older), or
• your taxable compensation for the year, if your compensation was less than this dollar limit.

Compensation includes wages, salaries, tips, professional fees, bonuses, and other amounts received for providing personal services. It also includes commissions, self-employment income, nontaxable combat pay, military differential pay, and taxable alimony and separate maintenance payments. 

• 2019 - Amount of Roth IRA Contributions You Can Make for 2019
• 2018 - Amount of Roth IRA Contributions You Can Make for 2018