45615
You'll need to sign in or create an account to connect with an expert.
They can be different amounts, as long as neither is more than the amount allowed - essentially 18.6% of net Schedule C profit from self-employment (assuming less then $53,000). If the Schedule C's are identical, the maximum each of you can contribute is the same, but you don't have to contribute the same amount.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
az148
Level 3
blankfam
Level 2
turbosapper
Level 1
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
xiaochong2dai
Level 2
fellynbal
Level 3
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill