https://ttlc.intuit.com/community/retirement/discussion/can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531013#M167418 <P>I pay myself a decent wage but this year I expect my business (S-Corp) have a significant net operating loss. So the nwt between my wages and business NOL will still be negative. Can I still contribute to my Roth IRA from my paycheck?</P> Mon, 09 Mar 2026 04:40:50 GMT Anonymous 2026-03-09T04:40:50Z https://ttlc.intuit.com/community/retirement/discussion/can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531013#M167418 <P>I pay myself a decent wage but this year I expect my business (S-Corp) have a significant net operating loss. So the nwt between my wages and business NOL will still be negative. Can I still contribute to my Roth IRA from my paycheck?</P> Mon, 09 Mar 2026 04:40:50 GMT https://ttlc.intuit.com/community/retirement/discussion/can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531013#M167418 Anonymous 2026-03-09T04:40:50Z https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531119#M167422 <P>If you have sufficient earned income between your W-2 wages and the loss on your K-1, you can contribute. You are limited by the amount of your positive income.</P> Mon, 28 Feb 2022 15:03:38 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531119#M167422 ColeenD3 2022-02-28T15:03:38Z https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531649#M167445 <P>That’s not clear. I have 30K in wages and 40K in NOL leaving me with a net of 10K in losses. Can I contribute 6K from my 30K wages?</P> Mon, 28 Feb 2022 17:08:24 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531649#M167445 Anonymous 2022-02-28T17:08:24Z https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531923#M167457 <P>Yes, you can make the ROTH IRA contribution based on the wage income of $30,000. Your business loss does not affect that.</P> Mon, 28 Feb 2022 18:04:20 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2531923#M167457 ThomasM125 2022-02-28T18:04:20Z https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2535807#M167685 <P>Only the wages shown in box 1 of your W-2 go toward determining if you have compensation to support a Roth IRA contribution.&nbsp; If your Schedule K-1 (Form 1120-S) from the S-corp passes through a loss that reduces your AGI, that loss will help to keep you under the threshold above which you are not permitted to make a Roth IRA contribution.</P> Tue, 01 Mar 2022 18:18:33 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-i-contribute-to-roth-ira-from-my-wages-if-my-s-corp-has-a-net-loss/01/2535807#M167685 dmertz 2022-03-01T18:18:33Z