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Is any of the W-2 income IHSS?
I do not know what IHSS is, so I would say no. I am a Baptist Minister and I do not see IHSS listed anywhere on my W2.
What is the amount in Box 1 of your W-2?
The amount of line #2 is $9,000
The amount of line #1 is $9,000, not line #2. I goofed.
Please clarify: What is your wife’s earned income? Did she receive a Form W-2, as well? Is she self-employed?
I ask because there are limits on the amounts of contributions you can make, based on taxable compensation. Please see the IRS’ Retirement Topics - IRA Contribution Limits for more information.
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