Ask Paula: The 5 Types of Accountants (and Who To Avoid!)
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+$200k do Backdoor Roth IRA Contribution!
Rental income is not considered W2 income, but it is part of your total income. The modified adjusted gross income is the number that the IRS uses when they calculate your Roth IRA contribution. Ingrid simply just needs to use the workaround and then make a non-qualified traditional IRA contribution and convert it.
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