Afford Anything cover image

Ask Paula: The 5 Types of Accountants (and Who To Avoid!)

Afford Anything

NOTE

+$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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner