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There are two reasons to list contributions to a Roth IRA:
There is no particular advantage to listing your Roth contribution as a business deduction. There is no special credit for a single member LLC, and none of the contribution or income limitations would be affected.
The instructions on how to enter the Roth IRA contribution are as follows, should you choose not to list it under your business:
There are two reasons to list contributions to a Roth IRA:
There is no particular advantage to listing your Roth contribution as a business deduction. There is no special credit for a single member LLC, and none of the contribution or income limitations would be affected.
The instructions on how to enter the Roth IRA contribution are as follows, should you choose not to list it under your business:
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