Apr 4

Question by roth: When calculating income for Roth IRA eligibility, do capital gains count toward the total?
I know about the 99k-114k phaseout for single filers in 2007. So for example, if you made 90k in salary and had 25k in capital gains would you be able to contribute to a Roth IRA?

Best answer:

Answer by Spock (rhp)
capital gains do count

see IRS Pub 590 for the details of how to modify AGI for this calculation

http://www.irs.gov/publications/p590/ch02.html#d0e9254

What do you think? Answer below!


Feb 23

Jan 24

Could someone please help me solving this question?

“The IRAS instrument has a field of view of 1 degree. What is the minimum time it takes IRAS to map the total sky, neglecting the yearly variation of the angle between sun vector and equatorial plane?”


Jan 19

Okay, I love the tax advantages of a Roth Individual Retirement Account, but I hate being told what I can and can’t invest MY money in. I could put it in a freakin’ triangular hole in the ground, if I felt like it. But anyway, I’m looking for a Roth IRA that will allow me to invest in:
1. Lending to people via Prosper.com
2. The deeds to rental properties that pay for themselves and pay into the account
3. Tax liens and/or tax lien certificates
4. Stocks

I want to invest in _all_ of those things. I DO NOT want to invest in annuities, cds, or mutual funds. Those pathetic investments are dead to me.

Does anyone know where to look for my desired IRA?


Jan 3

I know about the 99k-114k phaseout for single filers in 2007. So for example, if you made 90k in salary and had 25k in capital gains would you be able to contribute to a Roth IRA?


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