The Money with Katie Show Rich Girl Roundup: Got a W-2 and 1099? Check Out These Tax Tricks
Nov 13, 2023
Discover strategies for saving money and reducing tax burdens, including the impact of having both a W2 job and 1099 income, the benefits of an EIN number and opening a solo 401(k), setting up a self-employed 401(k) and SEP IRA, and considerations and limitations of a backdoor Roth conversion with a SEP IRA.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Impact of 1099 Income on Your Taxes
02:03 • 8min
The Benefits of an EIN Number and Opening a Solo 401 K
09:35 • 2min
Setting Up a Self-Employed 401(k) and SEP IRA
12:04 • 6min
Considerations and limitations of a backdoor Roth conversion with a SEP IRA
17:41 • 3min