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Full Version: Beef to ROTH ?
BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs
jxxxxx
I am retired and do not earned income from a job. I do sell some cows and have income from this that I pay taxes on. Can I contribute this income to a ROTH IRA?
mcdonnell
If you report this income on Schedule F and have a profit on line 36 it would be considered earned income for purposes of making a Roth contribution.
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