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When determining maximum Roth IRA contribution, can I count AirBNB (short term rental) Income towards the amount of total "Earned Income" which limits IRA contribution?

 
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When determining maximum Roth IRA contribution, can I count AirBNB (short term rental) Income towards the amount of total "Earned Income" which limits IRA contribution?

No.

 

For 2019, $6,000, or $7,000 if you’re age 50 or older by the end of the year; or
your taxable compensation for the year.

 

(Taxable compensation is generally wages that you worked for - W-2 or net self-employed income minus the deducible part of the SE tax, but can include commissions, certain alimony and separate maintenance, and nontaxable combat pay ).

 

See IRS Pub 590A "What is compensation" for details:
https://www.irs.gov/publications/p590a#en_US_2018_publink1000230355

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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