To make any contribution to an IRA, you must have compensation. Normally, this means either self-employment on a schedule C, or wages on a W-2.
If you have com...
Not sure what you mean by "on contract." When did you actually sell the house? (when did you close, when did the deed transfer?) You held a mortgage? You receiv...
@meganewrote:
Because we were overseas and qualified for the foreign-earned income exemption, it was just social security and Medicare. Wouldn't the employer be...
The relocation pay was required to be reported on his W-2 in 2019, and was subject to income tax and social security and medicare withholding. You are correct t...
Any IRA account. For tax purposes, you are considered to have just one "individual retirement arrangement" no matter how many accounts you have at different ban...