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Question about IRA contribution wrt self employment
Question about IRA contribution wrt self employment Assume:
self employed income: 7k in 2024 no other income (no w2 income, no capital gain) in 2024 expense for self employment: 1k fica: 1k
Question: how much can I contribute to my IRA? 7k, 6k, 5k, or anything else? TIA!
submitted by /u/wasabi-rich
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